HC Deb 14 October 1976 vol 917 c614
8. Mr. Ronald Atkins

asked the Chancellor of the Exchequer at what age men and women, respectively, are able to purchase index-related savings certificates.

Mr. Denzil Davies

65 for men and 60 for women.

Mr. Atkins

What reason can there be for this discrimination against men? It cannot be said, can it, as with pensions, that its removal would cost more? In fact it would lead to greater savings, which are so badly needed.

Mr. Davies

The reason why the ages were chosen as they were is that it was felt that this form of saving should be confined to people of national retirement age, and they are based on the ages at which people receive national retirement pension.