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UK: distribution of adequate retirement savers 2019, by share of income saved

More than one third of people were saving over 25 percent of their income in the United Kingdom (UK) in 2019. Under a defined benefit scheme, the pension paid depends on the length of employment of the individual and their salary history. In 2019, the majority of the population in the United Kingdom that was identified as adequate pension savers is covered by the defined benefit scheme.

Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved

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Source

Release date

July 2019

Region

United Kingdom

Survey time period

2019

Age group

30 years and older

Method of interview

Online survey

Supplementary notes

Adequate savers are defined as individuals who save more than 12% of their income.

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Statistics on "Savings in the United Kingdom (UK)"

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