Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 4 March 1970

The Government has closely examined the Nimmo Committee's recommendation 34 that investments by funds be limited to trustee investments. It has concluded that funds have generally exercised a proper sense of responsibility in the investment of reserves, and that non trustee investments have provided good returns to the advantage of contributors. The Government has therefore decided not to adopt this recommendation.







Suggest corrections