Stipends and Pensions

Part of Oral Answers to Questions — Church Commissioners – in the House of Commons at 12:00 am on 31 October 1988.

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Photo of Sir Sydney Chapman Sir Sydney Chapman , Chipping Barnet 12:00, 31 October 1988

I welcome the fact that two thirds of the commissioners' income is allocated to clergy stipends and pensions, but does my right hon. Friend agree that it is essential to encourage the commissioners to maximise the interest that they can receive on their assets? Does he also agree that they are doing that very successfully and that they now have a very healthy stake in capitalism?