Pensioner income from workplace pensions grows

James Phillips
clock • 1 min read

Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.

In the 2016/17 financial year, the median income from workplace provision was £161 a week, up from £158, according to the Department for Work and Pensions' (DWP's) Pensioner Income Series. On a mea...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Pensions UK recommends federated delivery model for small pot consolidation

Pensions UK recommends federated delivery model for small pot consolidation

Trade body feasibility review says industry-delivered model will ensure on-time SPDP launch

Martin Richmond
clock 16 September 2025 • 3 min read
News Digest: BoE expected to slow balance sheet rundown after gilt market turbulence

News Digest: BoE expected to slow balance sheet rundown after gilt market turbulence

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

Professional Pensions
clock 16 September 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

GSAM appointed by Shell to run OCIO pensions brief, LCP warns against Budget pensions tax relief raid, Utmost publishes half-year results

Professional Pensions
clock 12 September 2025 • 1 min read
Trustpilot