HC Deb 21 January 2002 vol 378 cc625-6W
Mr. Bercow

To ask the Secretary of State for Work and Pensions what percentage of the adult population owned one or more shares in(a) the latest year for which figures are available and (b) each year since 1997. [25292]

Malcolm Wicks

The information available is in the table:

Percentage of adult population owning one or more stocks/shares, unit trusts, PEPs, ISAs
Stocks/shares Stocks/shares trusts/PEPs/ISAs
1997–98 22 27
1998–99 21 27
1999–2000 20 29
2000–01 19 32

Notes:

  1. 1. The estimates are based on sample counts that have been adjusted for non-response using multi-purpose grossing factors that control for tenure, Council Tax Band and a number of demographic variables. Estimates are subject to sampling error and to variability in non-response.
  2. 2. Questions on assets are a sensitive part of the FRS questionnaire and have relatively low level of response, and hence higher levels of imputation, compared to other parts of the survey. Responses are imputed in around one in 10 cases. Evidence also suggests some under reporting of capital by respondents.
  3. 3. The final column of the table shows the percentage of adults reporting one or more of the categories: stocks and shares, unit trusts, PEPs and ISAs.
  4. 4. The results are for financial years.

Source:

Family Resources Survey (FRS)

Mr. Bercow

To ask the Secretary of State for Work and Pensions if he will provide a breakdown of share ownership by occupational status for the most recent date available. [26140]

Malcolm Wicks

The information available is in the following table:

Breakdown of adult population owning one or more stocks/shares, unit trusts, PEPs, ISAs by occupational status
Occupation Stocks/shares Stocks/shares/unit trusts/PEPS/ISAs
Undefined 33 32
Managers and administrators 16 15
Professionals 11 11
Associate professionals and technical 9 9
Clerical and secretarial 10 11
Craft and related 6 6
Personal and protective service 4 5
Sales 3 4
Plant and machine operatives 4 4
Other occupations 2 3
Total percentage of adults 19 32

Notes:

  1. 1. The estimates are based on sample counts that have been adjusted for non-response using multi-purpose grossing factors that control for tenure, council tax band and a number of demographic variables. Estimates are subject to sampling error and to variability in non-response.
  2. 2. Questions on assets are a sensitive part of the FRS questionnaire and have relatively low level of response, and hence higher levels of imputation, compared to other parts of the survey. Responses are imputed in around one in 10 cases. Evidence also suggest some under reporting of capital by respondents.
  3. 3. The final column of the table shows the percentage of adults reporting one or more of the categories: stocks and shares, unit trusts, PEPs and ISAs.

Source:

Family Resources Survey 2000–01