More than one third of people were saving over 25 percent of their income in the United Kingdom (UK) in 2019. Under a defined benefit scheme, the pension paid depends on the length of employment of the individual and their salary history. In 2019, the majority of the population in the United Kingdom that was identified as adequate pension savers is covered by the defined benefit scheme.
Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved
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Scottish Widows. (July 9, 2019). Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/
Scottish Widows. "Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved ." Chart. July 9, 2019. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/
Scottish Widows. (2019). Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved . Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/
Scottish Widows. "Distribution of People Identified as Adequate Retirement Savers in United Kingdom (Uk) in 2019, by Share of Income Saved ." Statista, Statista Inc., 9 Jul 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/
Scottish Widows, Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/ (last visited November 13, 2024)
Distribution of people identified as adequate retirement savers in United Kingdom (UK) in 2019, by share of income saved [Graph], Scottish Widows, July 9, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/