§ 16. Mr. SternTo ask the Secretary of State for Social Security if he has any plans to extend self-administration of pension schemes.
§ Mrs. Gillian ShephardI presume my hon. Friend is referring to our announcement of the exemption of certain small self-administered schemes from our proposals to restrict pension schemes from engaging in employer-related investments. I announced during the Committee stage of the Social Security Bill last week that, in view of recent evidence of an increase in the practice, the Government have decided to commission a report before deciding what precise restrictions shall be introduced in regulations.