HC Deb 20 October 1971 vol 823 c141W
Mr. Carter

asked the Secretary of State for Social Services how many private pensions schemes in the past 10 years have failed, leaving contributors without or with only partial benefit.

Sir K. Joseph

There are no central records which would enable me to give a precise answer to the hon. Member's Question. I understand that in some insured pension schemes the premiums have not been kept up, but otherwise I believe that there can have been very few cases in the past 10 years in which an occupational pension scheme has failed to pay its benefits in full.