HC Deb 28 January 1997 vol 289 c187W
15. Sir Michael Neubert

To ask the Secretary of State for Social Security what assessment he has made of the effect of the introduction of a higher guaranteed minimum income for pensioners on incentives to save. [11383]

Mr. Heald

Any means-tested income scheme for pensioners at a significantly higher level than income support would weaken any incentives for individuals to make their own provision for retirement and penalise those who do so.