Monthly pension payments for Millennials in Great Britain in 2016

This statistic illustrates the current level of monthly private pension scheme payments for the Millennial generation in Great Britain as of 2016. It can be seen that more than half (51 percent) of Millennials stated that they did not have a workplace or personal pension at that time.

Monthly private pension scheme payments for the Millennial generation in Great Britain as of 2016*

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Source

Release date

August 2016

Region

United Kingdom (Great Britain)

Survey time period

25th July to 9th August 2016

Number of respondents

962 respondents

Age group

18-35 years

Method of interview

Online survey

Supplementary notes

From the source: "ComRes interviewed 962 British adults aged 18-35 online between 25th July and 9th August. Data was weighted to be representative of all British adults aged 18-35 by gender, age and socio-economic grade, and to be representative of all British adults by region. ComRes is a member of the British Polling Council and abides by its rules."
*Full survey question: "On average, how much do you currently pay personally into a private pension scheme each month? This can be a workplace pension or other personal pension. If you are in a workplace pension please only think about the contributions that you personally make each month, not the contributions your employer makes."

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Statistics on "Millennials financial management habits in the UK"

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