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 December 26, 2024, from https://www.statista.com/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 December 26, 2024. https://www.statista.com/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: December 26, 2024. https://www.statista.com/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/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/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/ (last visited December 26, 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/statistics/1072962/share-of-income-saved-for-retirement-adequate-savers-united-kingdom/