§ 71. Sir A. GRIFFITH-BOSCAWENasked the Secretary to the Treasury whether his attention has been called to the fact that out of the 3s. 8d. per annum per insured member allowed by the Government to approved societies for the expenses of managing the Act the National Amalgamated Approved Society only gives 1s. 4d. per annum per member as remuneration and expenses of superintendents, agents, and assistants; whether he is aware that as a result many of the supertendents are working at a loss; and whether the Insurance Commissioners can bring pressure on the National Amalgamated Approved Society to compel them to pay more adequate remuneration?
§ Mr. MASTERMANAs I have several times stated in reply to similar questions, 768 the Commissioners have no power to interfere in the rates of remuneration paid to agents for such work as they do for the National Insurance Act in addition to their normal work, as this is a matter to be settled between the agents themselves and the societies employing them. The funds of the society are held for the benefit of the members, to whose advantage any saving due to economical administration accrues.