In 1958 Pearson chaired a committee to consider the rules for investment of funds paid into court to provide for, among others, widows and children who were awarded compensation. The committee reported in 1959, firmly recommending a less risk averse approach to investment, suggesting investment in equities but with risk sharing between funds. The recommendations led to the Administration of Justice Act, 1965. The only recommendation not implemented was that, where there were no children, funds for widows should continue to be managed by the courts.