DC pension employees expected use of fund to buy an annuity by retirement age UK 2014
This statistic shows the attitudes of employees to annuity purchase in the United Kingdom (UK) in 2014, by expected retirement age. It looked into whether people with defined contribution pensions would use their fund to buy an annuity. It was reported that people who expected to retire before 65 were least likely to use their fund to buy annuity (46% said they would use none of their fund).