Brits saved £384bn into pensions and life funds over decade

clock

Between 2000 and 2009 Britons collectively saved £384bn into pension funds and life insurance products, according to research from Lloyds TSB and the Office for National Statistics.

On average, British savers put away £38bn per year into pensions as a whole. In total, UK households accumulated £802bn in all new savings, which includes pensions, shares and deposit savings over ...

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

UK inflation rises to 3.8% in July and poses further challenges to BoE

UK inflation rises to 3.8% in July and poses further challenges to BoE

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
News Digest: James Kirkup - Kill the single state pension age

News Digest: James Kirkup - Kill the single state pension age

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

Professional Pensions
clock 20 August 2025 • 1 min read
Pensions UK: Jargon relived… The need to speak the language of the saving population

Pensions UK: Jargon relived… The need to speak the language of the saving population

Dirk Paterson urges the industry not to ‘languish in the luxury of familiar phraseology’

Dirk Paterson
clock 20 August 2025 • 4 min read
Trustpilot