The Government's concern at the low level of savings among working people seems singularly naive. Does it not realise government policy is one of the reasons?

Those who save throughout their lives, buy their own homes and so on are punished for having done so when they grow old and perhaps sick.

The means-testing of many benefits and the policy on the funding of care for the elderly militate against those who have harboured their resources throughout their working lives.

For those who have spent their way through life, the taxpayer pays. There is no incentive to save, for the Government stands to get it in the end.

-R F Osborne, Rushlake Close, Coldean