Factors prompting saving for retirement in the United Kingdom (UK) in 2020

This statistic illustrates the events and other reasons that have motivated people to start saving for retirement in the United Kingdom (UK) as of 2020. It can be seen that an employer starting to pay into a retirement plan/ pension was the most common reason mentioned amongst the people surveyed in the United Kingdom at that time, with 24 percent of respondents stating this as a key prompt to begin saving for retirement. One of the second most common reasons to begin saving for retirement was also employer-related, with 21 percent of respondents stating that they began saving for retirement when they were automatically enrolled into their employer's retirement plan/ pension.