HC Deb 04 April 1935 vol 300 c542W
Mr. KIRKWOOD

asked the President of the Board of Trade whether he will set up an inquiry into the administration of the staff pension fund of the Anchor Shipping Line in order to see whether some means may be devised to prevent the money which has been contributed for years past by the employés of the Anchor Line from being appropriated to set off against the general liabilities of the company?

Dr. BURGIN

The Board of Trade have no power to take the action suggested by the hon. Member. I am informed, however, that the portion of the staff pension fund which represents employés' contributions is, under a trust deed, invested in trustees securities.