§ Sir David Madel
To ask the Secretary of State for Social Security what contingency plans he has to assist Maxwell pensioners who have deferred pensions when the Cuckney fund runs out in 1996; and if he will make a statement.
§ Mr. Arbuthnot
We have taken a number of exceptional steps to help the Maxwell pensioners, including the setting up of the Maxwell pensioners trust, now chaired by Mrs. Jane Newell. The trust is supporting pension payments while asset recovery work continues. We hope that parties to pensions disputes will now settle them quickly, which would extend the life of the trust and safeguard the position of many deferred pensioners. However, the Government cannot assume responsibilities which properly belong to others.