This statistic illustrates the impact of pension freedoms, giving full access to pension savings, on employees aged 50 and older and their plans to retire from work in the United Kingdom (UK) as of 1st quarter 2016. It can be seen that at that time 32 percent of all over 50s stated that they had no plans to retire. Only eight percent reported plans to retire sooner due to pension freedoms having been introduced.
The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016
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Aviva. (March 31, 2016). The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016 [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/
Aviva. "The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016 ." Chart. March 31, 2016. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/
Aviva. (2016). The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016 . Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/
Aviva. "The Impact of Pension Freedoms* upon Plans of Employees Older than 50 Years Old to Retire from Work in The United Kingdom (Uk) as of 1st Quarter 2016 ." Statista, Statista Inc., 31 Mar 2016, https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/
Aviva, The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016 Statista, https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/ (last visited May 13, 2024)
The impact of pension freedoms* upon plans of employees older than 50 years old to retire from work in the United Kingdom (UK) as of 1st quarter 2016 [Graph], Aviva, March 31, 2016. [Online]. Available: https://www.statista.com/statistics/540764/over-50-impact-of-freedoms-on-retirement-plans-uk/