HC Deb 16 December 1993 vol 234 c833W
Mr. Frank Field

To ask the Secretary of State for Social Security if he will review the tariff rates for savings in respect of claimants on income support and other related benefits.

Mr. Burt

In all the income-related benefits, capital up to £3,000 is ignored. The formula applied for capital above this figure does not imply any particular return on investments. It ensures that help is targeted on those who need it most, while not denying benefit to those with only a moderate amount of capital. The rules are kept under review, but we have no plans for change.

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