HC Deb 31 January 1952 vol 495 cc51-2W
65. Brigadier Medlicott

asked the Chancellor of the Exchequer if he is aware of the continued difficulties experienced by trustees who are limited to the existing range of investments authorised by law for the investment of trust funds; and if, in view of the altered conditions which now prevail, he is now prepared to introduce legislation to widen the range of such investments.

Mr. Boyd-Carpenter

I am aware that trustees do sometimes experience difficulties arising from the limitations imposed by the existing Trustee List, but I have not yet had sufficient opportunity to discover how real and widespread these difficulties are. I am now having the whole matter examined in order to see whether any action is desirable or possible.