§ Mr. WebbTo ask the Secretary of State for Social Security what assessment he has made of the level of non-pension saving among those in the £9,000-£18,500 earnings range who are not currently members of an occupational or personal pension scheme. [78866]
§ Mr. TimmsData drawn from the 1997–98 Family Resources Survey (GB) suggest that, of those earning between £9,000 and £18,500 in 1997–98 and who, at that time, were not a member of an occupational or personal pension scheme, 40 per cent. had no non-pension saving.
Notes:
1. The results are based on survey data, and are therefore subject to sampling error. In particular, information collected on pensions and other savings are subject to higher non-response and mis-reporting than other parts of the Family Resources Survey, and so these results should be treated as indicative of the likely order of magnitude only.
2. Figures rounded to the nearest 5 per cent.