Written question asked by Peter Hordern (Conservative), in the House of Commons. It was due for an answer on Monday, 10 June 1996. It was answered by Michael Jack (Conservative) on Monday, 10 June 1996 on behalf of the Treasury.

Treasury

Question: How many people over 60 years have assets of £50,000 or more at the latest available date; and how many such people there were five years ago and 10 years ago. - Inc table for all adults in UK.

Answer: Sir Peter Hordern: To ask the Chancellor of the Exchequer how many people over 60 years have assets of £50,000 or more at the latest available date; and how many such people there were five years ago and 10 years ago.[31548] Mr. Jack: The available information is as follows. I regret that separate estimates for people over 60 years are not available. Adults in the United Kingdom with net marketable wealth{1} of £50,000 or more _________________________________________________________________________________________________. Year Estimated number 1983 3 million 1988 6 million 1993 10 million _________________________________________________________________________________________________. {1} Includes all assets held by individuals for which a value can be immediately realised, net of liabilities, but excludes the values of accrued pension rights.

Secondary information