HC Deb 16 July 1985 vol 83 c137W
Mr. Shersby

asked the Secretary of State for Social Services if he will make an estimate of the possible cash savings to his Department that would be achieved in a full year on the assumption that pensions were paid by automated credit transfer to those pensioners who on the latest information available to him have a bank account.

Mr. Whitney

On the information available such a change could produce a saving of some £70 million a year. But so large a shift in the method of payment would involve such fundamental changes to the system that it is not possible to make a realistic estimate of the actual financial effects.