These statistics provide:
Commentary is available in the main publication document. The methodologies used to produce these statistics are explained in the background and methodology document.
Some previous updates to these statistics can now be found on the http://webarchive.nationalarchives.gov.uk/*/https://www.gov.uk/government/collections/personal-pensions-statistics" class="govuk-link">National Archives website.
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The value of any pension pots already accrued that are not state basic retirement or state earning related. This includes occupational pensions, personal pensions, retained rights in previous pensions and pensions in payment.
Assessment of the quality of HMRC’s statistics on private pensions.
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Data on membership, contributions, benefits, assets (including overseas) and liabilities of funded occupational pension schemes in the UK. Data are quarterly from the Financial Survey of Pension Schemes (FSPS).
From 2019 through to the third quarter of 2024, the total combined value of the private sector defined benefit and hybrid (DBH) scheme was consistently higher than the value added by the combined worth of the public defined contribution (DC) and private DBH schemes. The total overall value of UK pension schemes peaked in the fourth quarter of 2021, totaling almost ******trillion British pounds.
This is divided into 3 sections
As of the first quarter of 2023, category A pensions were the highest received pension type by retired UK beneficiaries. Totaling roughly *** million recipients category A pension plans accounted for half of all UK pensions.
The total value of investment of pension funds in the United Kingdom (UK) dropped between 2007 and 2008, from over **** trillion U.S. dollars to approximately **** trillion U.S. dollars, after which a recovery took place. As of 2023, pension fund investments in the UK amounted to more than **** trillion U.S. dollars.
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Annual data on membership (active, preserved and pensioner), contribution rates and benefits for occupational pension schemes in the UK.
This ad-hoc release of statistics provides a new estimate of the number and proportion of working age individuals who are undersaving for retirement, and future average pension incomes.
The publication updates the analysis Department for Work and Pensions (DWP) published in Analysis of future pension incomes 2023.
The report seeks to answer:
What is the current level of undersaving for retirement of working-age individuals?
Which groups are undersaving?
What is the depth of undersaving?
How do retirement outcomes change, for example through retiring early?
What do retirement incomes look like for future retirees?
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Pension Trends provides a statistical backdrop for the debate on pensions. It looks at changes in pension provision over time in the context of social and economic developments and changes in the policy environment. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: Pension Trends
This document presents DWP estimates of the numbers of individuals by age group with different levels of private pension, gross financial and property wealth in Great Britain. It is based on data collected in 2006-2008.
Pensioners' Incomes (PI) contains estimates of the levels, sources and distribution of pensioners' incomes. It also examines the position of single pensioners and pensioner couples, including any dependent children, within the income distribution of the population as a whole. This differs from Households Below Average Income (HBAI) (see SNs 5828 and 7196), where analysis is on a household basis, and includes the income of adults not in the pensioner unit but living in the same household. The PI undertakes a few extra steps beyond the FRS and HBAI data to derive pension income variables.
The PI series is a key source of information used to inform Government thinking on relevant policies and related programmes and projects. Researchers and analysts outside the government use statistics and data to examine topics such as ageing, the distributional impacts of fiscal policies, and pensioner groups' income profiles. The PI estimates are usually based on a sample of around 7,000 adults over State Pension age, who reside in private households in the United Kingdom, taken from the Family Resources Survey (FRS).
The gov.uk Pensioners' Incomes Statistics webpage contains annual reports, accompanying tables, research, and technical papers.
PI data are also available from 1994/95 onwards via the Department for Work and Pensions (DWP) Stat-Xplore online tool.
Secure Access PI data
The Secure Access version of the PI series (SN 9257) is available from 2007/08 onwards, whereas the standard End User Licence (EUL) data (SN 8503) are available from 2008/09. Unlike the EUL versions, the ages of the head of household and spouse have not been top-coded at 80 years in the Secure Access version. Prospective users of the Secure Access version must fulfil additional requirements beyond those associated with the EUL datasets. The Secure Access version of FRS is held under SN 9256, and the Secure Access version of HBAI is available under SN 7196.
Latest edition information
For the 7th edition (April 2025), data and documentation for 2023/24 were added to the study.
In 2023/24 the state pension in the United Kingdom grew by **** percent, based on the CPI inflation rate the previous September. The triple lock system determines how much the state pension grows in the UK based on which of three different measures are highest; the inflation rate, earnings growth, or *** percent.
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Second Tier Pension Provision provides the latest estimates on contracted out pension scheme and SERPS/S2P membership since the introduction of contracted out schemes in 1978/79 published by the Department for Work and Pensions (DWP). https://www.gov.uk/government/collections/national-insurance-contributions-statistics Source agency: Work and Pensions Designation: National Statistics Language: English Alternative title: STPP
The statistic shows a distribution of employee workplace pensions in the United Kingdom (UK) in 2018, by type of pension. At 36.4 percent, the majority of employees had occupational defined benefit pensions. Only 2.2 percent of respondents had an unknown type of pension.
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Results from the Occupational Pension Schemes Survey (OPSS) provide a detailed view of the nature of occupational pension provision in the UK. This release provides summary data on membership of schemes and contributions paid. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: OPSS
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Presents data from the State Retirement Pension (RP) Quarterly Statistical Enquiry, shows the key features of the RP population, provides a summary of the main features of RP and how they affect numbers of recipients and amounts of benefit in payment. Source agency: Social Development (Northern Ireland) Designation: National Statistics Language: English Alternative title: Retirement Pension Summary Statistics (Northern Ireland)
This statistic displays the average annual private pensions and annuities per household in the United Kingdom (UK) in 2017/18, by decile. The average annual private pensions and annuities per household of those in the top decile amounted to 9,583 British pounds. This is almost 12 times more than the average annual private pensions and annuities per household of those in the bottom decile, which came to 801 British pounds.
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Membership and contributions to workplace pension arrangements for UK employees, by type, age, industry, public and private sector, occupation and size of company.
These statistics provide:
Commentary is available in the main publication document. The methodologies used to produce these statistics are explained in the background and methodology document.
Some previous updates to these statistics can now be found on the http://webarchive.nationalarchives.gov.uk/*/https://www.gov.uk/government/collections/personal-pensions-statistics" class="govuk-link">National Archives website.