DWP - UK Department for Work and Pensions

07/31/2024 | Press release | Distributed by Public on 07/31/2024 02:39

Workplace pension participation and savings trends: 2009 to 2023

Official Statistics

Workplace pension participation and savings trends: 2009 to 2023

These annual statistics include detailed breakdowns of the number of savers, and the amount of savings.

From:Department for Work and PensionsPublished31 July 2024
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Documents

Tables: Workplace pension participation and saving trends: 2009 to 2023 (XLS)

MS Excel Spreadsheet, 165 KB

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Tables: Workplace pension participation and saving trends: 2009 to 2023 (ODS)

ODS, 117 KB

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Details

This is the latest release of statistics on workplace pension participation and savings trends between 2009 and 2023. This is the eleventh edition in the series which extends the data series to 2023 and provides 2 new additions to the statistical series, offering information on the workplace pension participation of all employees, not just those eligible for Automatic Enrolment (AE), as well as information on the trend in private pension withdrawals.

After years of growth in participation during the roll-out of automatic enrolment, participation rates have stabilised in recent years. Trends in stopping saving levels and contributions have also remained relatively stable.

Full details of the data sources, their key assumptions, limitations and definitions of the statistics are available in the background information and methodology note, published alongside the release.

Read previous statistics on workplace pension participation and saving trends.

Updates to this page

Published 31 July 2024

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