§ 13. Mr. Formanasked the Secretary of State for Social Services whether it is still his policy to allot half of the seats on pension fund boards to trade unionists.
§ Mr. OrmeThe Government's policy on member participation in the management of occupational pension schemes has not changed.
§ Mr. FormanIs the right hon. Gentleman aware that that policy has been consistently opposed by an overwhelming majority of public opinion in a number of public opinion surveys, and that it is both presumptuous and illiberal for trade unionists to assume that they can be the only channel of representation in these matters?
§ Mr. OrmeI refute what the hon. Gentleman has said. When I visited firms and discussed this matter with trustees, trade unions and employers, I found that there was a wide measure of support. The Government see no reason to reverse their policy.
§ Mr. George RodgersDoes my right hon. Friend agree that if seats on the board were allocated in relation to the occupation of those who contribute, trade unionists would be entitled to more representation than is recommended at present?
§ Mr. Patrick JenkinEverybody would applaud the idea of member representation on the management bodies of pension schemes, but does the Minister agree that it is the exclusive nomination by trade unions which arouses so much opposition from so many different quarters? May I appeal to the Minister to recognise this opposition and to abandon this foolish proposal? Will he now restore the bipartisan policy on pensions?
§ Mr. OrmeThe Government have not changed their views about member participation. We feel that the running of pension schemes can best be achieved by giving certain rights to recognised, independent trade unions. We are confident that these rights will be exercised responsibly.