HC Deb 21 May 1986 vol 98 c183W
Mr. Viggers

asked the Secretary of State for Trade and Industry (1) if he will make a statement on his Department's involvement with United Kingdom Provident;

(2) on what date his Department gave advice to United Kingdom Provident that it should reduce its future rates of bonus;

(3) to what extent his Department made inquiries into the free reserves of United Kingdom Provident.

Mr. Howard

Under the Insurance Companies Act 1982 the Secretary of State may exercise certain powers if he considers that a company may be unable to meet its