HC Deb 12 February 1929 vol 225 c232W
Mr. CLUSE

asked the Postmaster-General whether any negotiations have been entered upon with a view to selling to an insurance corporation the policies taken out through the Post Office Savings Bank for life or endowment insurance; if so, what is the present position; and whether every step has been taken to safeguard the interests of policy holders?

Sir W. MITCHELL-THOMSON

No, Sir. An offer was received from an Insurance corporation, but it has been declined.