§ Mr. Stuart Holland
asked the Chancellor of the Exchequer what information he has as to the share of (a) trust companies, (b) insurance companies and (c) pension funds in the ownership of total quoted shares in 1983 and 1984.
§ Mr. Ian Stewart
[pursuant to his reply, 6 February 1985, c. 593]: Figures for 1984 are not yet available.
The estimated proportions* of total United Kingdom quoted ordinary and preference shares held by the specified financial institutions are as follows:
end 1982 per cent. end 1983 per cent. Trust companies: Unit trusts 3.7 3.9 Investment trusts 3.5 3.1 Insurance companies 20.4 20.0 Pension funds 29.3 29.3 Total of above institutions 56.9 56.3 * based on holdings valued at market prices.