Pensioner incomes up 50% since mid-90s - ONS

clock

Pensioner incomes have risen by 50% over the last 16 years according to research from the Office for National Statistics.

The organisation said the increase was mainly driven by the growth in retirement income from occupational pensions. But it warned that average growth figures concealed considerable variations between...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Benefit

DB transfer scam warning flags reach record high

DB transfer scam warning flags reach record high

Rates of scam warning flags rises for the fourth consecutive month

clock 24 May 2022 • 1 min read
The Lothian Pension Fund administers the LGPS in Edinburgh and the Lothians

Lothian and Falkirk pension funds explore LGPS merger

The £11.3bn LGPS schemes say tie-up would benefit both employers and members

Jonathan Stapleton
clock 24 May 2022 • 2 min read
The second DB funding code consultation: What you said…

The second DB funding code consultation: What you said…

PP speaks to the industry about what they want to see laid out this summer

Hope William-Smith
clock 20 May 2022 • 2 min read
Trustpilot