§ 15. Sir Michael NeubertTo 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. HealdAny 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.