Private pension growth boosts rich and poor divide

James Phillips
clock • 3 min read

Retired households are increasingly relying on private pension provision for income, but there is a huge gap between the rich and the poor, Office for National Statistics (ONS) show.

For the financial year ending 2017, 44.3% of retired household income came from private pensions - including occupational pensions, personal pensions, annuities and drawdown - compared to 43.85% th...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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