§ Mr. FieldTo ask the Chancellor of the Exchequer if he will list the number of(a) individuals and (b) households with savings (i) below £1,000, (ii) between £1,000 and £5,000, (iii) between £5,000 and £10,000 and (iv) above £10,000; and if these figures exclude pension fund entitlements. [62631]
§ Dawn PrimaroloInformation on the estimated distribution of savings held by individuals is given in the table. Similar information on the distribution of savings held by households is shown in Table 5.9 of Family Resources Survey 1996–97, a copy of which is in the Library. Neither includes the value of accrued pension rights.
Number of adults1 (million) Total 46.0 No savings or investments 14.0 With savings or investments 32.0 Less than £1,000 14.5 £1,000 but less than £5,000 8.0 £5,000 but less than £10,000 3.1 £10,000 or more 6.4 1 Population aged 16 or over Source:
Financial Research Survey by NOP (March 1997—February 1998)