HC Deb 09 February 1988 vol 127 c188W
97. Mr. McLoughlin

To ask the Secretary of State for Social Services what changes have taken place in the value of pensioners' incomes from investment (a) between 1974 and 1979 and (b) from 1979 to date.

Mr. Scott

The average income from investment of a pensioner household(a) decreased in real terms by 16 per cent. between 1974 and 1979, an average of 3.4 per cent. a year; and (b) increased in real terms by 53 per cent. between 1979 and 1985, an average of 7.3 per cent. a year.