Factors prompting saving for retirement in the United Kingdom (UK) in 2017

This statistic illustrates the events and other reasons that have motivated people to start saving for retirement in the United Kingdom (UK) as of 2017. It can be seen that an employer starting to pay into a retirement plan/ pension was the most common reason mentioned amongst the people surveyed in the United Kingdom at that time, with 24 percent of respondents stating this as a key prompt to begin saving for retirement. One of the second most common reasons to begin saving for retirement was also employer related, with 21 percent of respondents stating that they began saving for retirement when they were automatically enrolled into their employer's retirement plan/ pension.

United Kingdom (UK): which, if any, of the following have prompted you to start saving for retirement?

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Source

Release date

June 2017

Region

United Kingdom

Survey time period

2017

Number of respondents

14,400 respondents

Special properties

employees in the UK

Method of interview

Online survey

Supplementary notes

Information regarding the scale and index methodology can be found on a dedicated Aegon page.
Full question reads as follows: "There are many reasons why people start saving for retirement. Which, if any, of the following have prompted you to start saving for retirement?"

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

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