---

Dept for Work and Pensions

Answer

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/unit trusts/PEPs/ISAs 1997-98 22 27 1998-99 21 27 1999-2000 20 29 2000-01 19 32 _________________________________________________________________________________________________. Notes: 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. 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. 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. The results are for financial years. Source: Family Resources Survey (FRS)

Secondary information

Type

Written question

Reference

25292; 378 c629W;378 c625W

Session

2001-02

Subjects

Shares Stocks and shares Shareholders

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk