HC Deb 14 December 1989 vol 163 cc796-7W
Mr. Allen

To ask the Lord President of the Council if he will take steps to ensure that all parliamentary contributory pension fund moneys are invested in ethically acceptable investments and that investments in South African companies are disposed of.

Sir Geoffrey Howe

Determination of the investment policy relating to parliamentary contributory pension fund moneys is a matter for the trustees of that fund. I understand that they have laid down broad investment policy guidelines which are designed to preserve the asset base of the fund and to ensure that the liabilities of present and future pensioners are met.