HC Deb 27 June 1990 vol 175 c224W
Mr. Meacher

To ask the Secretary of State for Social Security if he will provide what information he has about the level of investment income for pensioners, according to the level of their weekly pension income.

Mrs. Gillian Shephard

The latest available information, from the 1987 family expenditure survey, is set out in the table.

Table1: Average investment income according to levels of weekly income from state pension and supplementary benefit2
RP and supplementary benefit £ Average savings/investment income £
00.00 to 39.933 13.45
40.00 to 59.99 15.24
60.00 plus 33.56
1 Source: Family expenditure survey.
2 It is not possible to identify the state retirement pension separately from supplementary benefit from the family expenditure survey.
3 Income bands selected to provide representative sample sizes.

Forward to