§ Mr. HayesTo ask the Secretary of State for Social Security what representations he has received about the current value of the assets held by the average pensioner household; and what was the comparable position in real terms in 1978–79.
§ Mr. HagueIn 1990–91, 48 per cent. of pensioners owned their own homes outright, compared to 37 per cent. in 1979; the average weekly income for pensioners from savings and investments was £30.30, compared to £11.20 in 1979; and the value of accrued rights in occupational pension schemes had substantially increased compared to 1979.