HC Deb 25 January 1980 vol 977 cc411-2W
Mr. Freud

asked the Chancellor of the Exchequer if he will issue an updated leaflet to bring to the attention of pensioners the existence of index-linked retirement certificates; and if he will publish in the Official Report the effect of his last leaflet on the sale of retirement certificates.

Mr. Lawson

[pursuant to his reply, 24 January 1980]: The retirement issue national savings certificates promotional leaflet was last completely revised in August 1979. The leaflet has been reprinted to show the new maximum holding limit of 120 units costing £1,200 and this issue of the leaflet was available in post offices in December.

It is not possible to quantify the effects of these leaflets on sales of retirement issue certificates. Following the increase in the maximum holding limit on 3 December 1979 sales increased from a rate of £5 million a week to £50 million a week.