Over 50s income source split half and half between DB and state pension

Standard Life update shows more over 50s use or intend to use DC income over DB

Jasmine Urquhart
clock • 2 min read
Standard Life's survey shows over 50s are increasingly relying on DC savings for their retirement income
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Standard Life's survey shows over 50s are increasingly relying on DC savings for their retirement income

The retirement income source for those aged 50 and over is split roughly 50:50 between defined benefit (DB) and state pension income, Standard Life data shows.

The pension provider's latest annual Retirement Income Almanac, which surveyed 2000 over 50s last year, found just over half (51%) of retirement income is derived from the state pension, while DB p...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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