§ 36. Mr. Stanleyasked the Secretary of State for Social Services whether she will introduce legislation to increase the obligations on pension funds to report their financial position to existing and prospective beneficiaries.
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§ Mrs. CastleAs I told the House during the debate on Pensions on 1st July—[Vol. 876, c. 120]—I have asked the Occupational Pensions Board to advise me on whether there should be statutory provision for the disclosure of information to members of occupational pension schemes and generally; and I have told the board that this question is particularly directed at financial information. When I receive the board's advice I will consider the matter further.