§ 44. Mr. Bidwell
asked the Minister of Labour if he will bring in legislation to establish retention of employers' superannuation 912 and pensions contributions and full transferability rights when members of such schemes change employment.
I have nothing to add to the reply I gave to the hon. Members for Somerset, North (Mr. Dean) and Barry (Mr. Gower) on 9th May.
§ Mr. Bidwell
Is my hon. Friend aware that the present situation is a serious impediment to the mobility of both wage and salary workers and needs to be urgently changed in the national interest?
My hon. Friend will find from the reply of 9th May that we are very much aware of the importance of this matter but are at present awaiting the result of the discussions taking place on both sides of industry. We hope that we shall have the result in July.