§ Mr. Craigenasked the Chancellor of the Exchequer if he will estimate the annual take-up of Government securities if, as a condition of gaining full tax relief on pension contributions by employers, 50 per cent. of total pension contributions were required to be invested annually in Government loans.
§ Mr. Bruce-GardyneNo. There is no question of imposing such a requirement on employers or pension funds. This would be an undesirable restriction on their freedom to invest pension contributions to the best advantage of beneficiaries.