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Abstract

It is difficult to imagine a more intellectually inadequate assertion than that by which the CBI and National Association of Pension Funds attempts to set out the principles on which pension funds should operate:

Pension funds should have one duty only — to their pensioners. They should not be obliged to concern themselves with any outside interest, even the public good.

Based on speech at Pension and Investment Resource Centre Launch Conference, London, 3 November 1986.

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Authors

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Doug Jones (Economic Adviser to Roy Hattersley)

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© 1987 Roy Hattersley

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Hattersley, R. (1987). Pension Funds and the Public Good. In: Jones, D. (eds) Economic Priorities for a Labour Government. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18608-2_12

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