§ 25. Dr. McDonald
asked the Secretary of State for Social Services what consultations he has had concerning the Government proposals to introduce a Bill to give trade union members a right to a 50-50 control of occupational pension schemes.
§ Mr. Orme
My right hon. Friend and I have had extensive consultations on the Government's proposals about the rôle438W of members in the running of occupational pension schemes. Those consulted include the TUC, the CBI, and organisations concerned with pension schemes, as well as a number of employers and pension scheme trustees. One result of these consultations, for example, is that the Government now propose to require that, subject possibly to certain exceptions, persons nominated by the relevant trade unions to sit on administrative or trustee bodies must be members of the pension scheme.
§ 43. Mr. Budgen
asked the Secretary of State for Social Services when he intends to conclude his consultations with the pensions industry on employee participation.