Total annual pensions income forecast to hit £106bn by 2022

Kim Kaveh
clock • 2 min read

Pensioners retiring in 2022 will receive £9bn a year more from their private pensions and annuities than those retiring this year, an Experian analysis reveals.

Based on insights provided by its in-house economists, the study showed the total annual income currently rests at £97bn. This will rise to £106bn by 2022, the firm added, with around £4.5bn of ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Is the Mansion House Accord a positive move for pensions?

Buzz: Is the Mansion House Accord a positive move for pensions?

Mansion House Accord, LGPS consultation and regulated financial advice for savers

Professional Pensions
clock 19 May 2025 • 1 min read
TPR launches industry innovation service

TPR launches industry innovation service

Service will focus on two areas of innovation to enable ‘transparent’ discussions with pension innovators

Martin Richmond
clock 19 May 2025 • 1 min read
News Digest: Gauging Reform UK's pension power

News Digest: Gauging Reform UK's pension power

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

Professional Pensions
clock 19 May 2025 • 1 min read
Trustpilot