This statistic shows the expectations of United Kingdom adults regarding the impact that automatic enrolment into employer supported pension schemes, with a minimum contribution of eight percent, would have on their future retired lives as of 2014. 38 percent of respondents felt that they would have an acceptable standard of living while 23 percent felt their standard of living will not be acceptable based solely on those contributions.
How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme?
Automatic enrolment makes it compulsory for employers to automatically enrol their eligible workers into a pension scheme, which also includes employer contributions.
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Scottish Widows. (September 8, 2014). How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme? [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/
Scottish Widows. "How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme?." Chart. September 8, 2014. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/
Scottish Widows. (2014). How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme?. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/
Scottish Widows. "How Comfortable Would You Feel in Retirement If You Made Only The Minimum Contribution of 8 Percent into The Pension Scheme?." Statista, Statista Inc., 8 Sep 2014, https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/
Scottish Widows, How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme? Statista, https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/ (last visited December 22, 2024)
How comfortable would you feel in retirement if you made only the minimum contribution of 8 percent into the pension scheme? [Graph], Scottish Widows, September 8, 2014. [Online]. Available: https://www.statista.com/statistics/329273/uk-pension-schemesautomatic-enrolment-retirement-comfort/
