§ Mr. NEVILLEasked whether the right hon. Gentleman can state whether all or how many trade unions keep the funds which are the security for the benefits contracted for by its members distinct from the funds devoted to purely trade purposes?
Mr. BUXTONAs a rule trade unions do not earmark separate funds for particular purposes. A few trade unions have made special arrangements to maintain certain friendly benefit funds, but I am unable to state how many arrangements of this kind are actually operative at the present time.
§ Mr. NEVILLEIs there any provision for ascertaining by actuarial valuation whether the benefit funds are maintained in such a sound condition as to be able to meet all their liabilities?