HC Deb 03 July 1987 vol 118 cc193-4W
Mr. Teddy Taylor

asked the Secretary of State for the Environment (1) if he will take steps to provide further protection to beneficiaries of local authority pension schemes against trustees who invest the funds of pension schemes into investments involving undue risk; and if he will make a statement;

(2) if he will issue advice to local authorities about the investment of their pension funds; and if he will make a statement.

Mr. Howard

I shall answer these questions shortly.