 The Maxwell affair has clearly shown that a coach and horses was driven through that law, so we must consider carefully the need to change it.”

After allowing another intervention Hind continued further, “My Bill would not allow a director or shareholder to serve as a member of the pension fund trust of the employer company.Control of the pension fund should be at arm's length, by independent persons who are not involved in the management of the employer company.Robert Maxwell proved the undesirability of having directors or chairmen who are in control of both the company, as majority shareholders, and the pension fund.