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390085
registered interest false more like this
date less than 2015-07-15more like thismore than 2015-07-15
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what is the average sum held in the pension funds of people who were enrolled in a pension scheme as part of the auto-enrolment process. more like this
tabling member printed
Baroness Greengross more like this
uin HL1497 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-21more like thismore than 2015-07-21
answer text <p /> <p>The information is not available in the format requested.</p><p><strong> </strong></p><p>Findings from the Office of National Statistics (ONS) Wealth and Asset survey show that overall, the average (median) amount of wealth held in pensions not yet in payment was £33,000 in 2010/12. There is no breakdown available to show wealth held in funds created due to Automatic Enrolment.</p><p> </p><p>DWP’s annual official statistics on workplace pension participation found that in 2014, the annual total amount saved in workplace pensions by employees eligible for Automatic Enrolment was £80.3 billion, an increase of £6.6 billion from 2012.</p> more like this
answering member printed Baroness Altmann more like this
question first answered
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answering member
4533
label Biography information for Baroness Altmann more like this
tabling member
2518
label Biography information for Baroness Greengross more like this