ONS changes to turn UK into 'nation of savers'

clock

Changes at the Office for National Statistics (ONS) which will count future pension rights as if they were present income will turn the UK into a nation of savers instantly, the Telegraph reports.

The reforms, the first for 15 years, will 'boost the size' of the economy, increase the amount of public debt and raise the savings ratio. The report said, as a result the body could revise up grow...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

AMNT raises concerns over TPR enforcement strategy

AMNT raises concerns over TPR enforcement strategy

AMNT says regulator must clarify framework and differentiate DB and DC priorities

Holly Roach
clock 12 November 2025 • 2 min read
News Digest: Please Rachel, don't sacrifice workers' pensions

News Digest: Please Rachel, don't sacrifice workers' pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 November 2025 • 1 min read
APPT publishes update to corporate sole trustee code of practice

APPT publishes update to corporate sole trustee code of practice

Updated code of practice will take effect from 1 January 2026

Martin Richmond
clock 11 November 2025 • 2 min read
Trustpilot