Income gap between pensioners and workers starts to close

clock

The weekly income gap between pensioners and the working-age population has narrowed to 8% over the past two decades, according to official figures.

Data from the Department for Work and Pensions (DWP) showed the gap has fallen 30 percentage points since 1995 as pensioner incomes grew 64% over that period, compared to 9% for working age incomes...

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

TPR publishes 2025/26 annual report and accounts

TPR publishes 2025/26 annual report and accounts

Regulator said it has ‘refreshed’ its approach to be ‘more focused, effective and efficient’

Holly Roach
clock 30 June 2026 • 2 min read
Strong chance 'nightmare' IHT pension reforms will 'simply not work'

Strong chance 'nightmare' IHT pension reforms will 'simply not work'

Baroness Ros Altmann says the policy is ‘fraught with dangers’

Holly Roach
clock 30 June 2026 • 1 min read
Climate change becoming central factor in pension scheme member outcomes

Climate change becoming central factor in pension scheme member outcomes

SPP paper says climate change risk is a ‘present-day financial reality’

Martin Richmond
clock 30 June 2026 • 2 min read
Trustpilot