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gmHGlNIO
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Answer
Written answer
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GEkGUwbA
answer has answering person
Sajid Javid
answer text
<p>The impact of these changes has been independently assessed by the Government Actuary's Department (GAD).</p><p>They calculate that a typical 22-year-old currently earning average weekly earnings and investing the equivalent of 10% of gross income each year over a 45 year period would see a fund value £11,200 greater at retirement as a result of these changes.</p><p>This is equivalent to approximately a 1.3% uplift in their total fund at retirement. In current money terms that is equivalent to an additional £4,600.</p>
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HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
gmHGlNIO
answering body has answer
gmHGlNIO
GEkGUwbA
question has answer
gmHGlNIO
Sajid Javid
answering person has answer
gmHGlNIO