§ 20. Mr. SpringTo ask the Secretary of State for Social Security what is the aggregate level of funded pension schemes in the United Kingdom; and what is the level in other EU countries. [8809]
§ Mr. HealdIn 1993, the total value of funds in funded pension schemes in the United Kingdom was nearly £600 billion. This is substantially more than the latest estimate of £480 billion for all the other countries in the European Union.