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Centre for Policy on Ageing | |
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The Fleming pension map of Britain 1997
— a special report for Fleming Investment Trust Management by Mintel | | Corporate Author | Fleming Investment Trust Management; Mintel |
| Publisher | Fleming Investment Trust Management, London, 1997 |
| Pages | 27 pp (excluding appendices) |
| Source | Fleming Investment Trust Management, 25 Copthall Avenue, London EC2. |
| Keywords | Pensions ; Private pensions ; Economic status [elderly] ; Market research ; Statistics [data]. |
| Annotation | Mintel were asked to investigate and quantify the level of under-provision today's working people were facing in their retirement. The analysis covers only those in current employment - full-time and part-time, self-employed and employed - and is based on analysis of their current recorded contributions, their current income and age. Contributions were then grossed forward and adjusted for investment growth, price and wage inflation, with age at retirement based on state retirement age. A pension was then calculated based on a calculated average level term annuity rate and its proportion of expected final salary calculations. The analysis used categorises working people into five bands reflecting their current ability to provide for retirement: the ideal retirement (two-thirds or more of final salary); comfortable (half to two-thirds of final salary); satisfactory (40-50% of final salary); difficult (25-40% of final salary); and poverty line (less than 25% of final salary). The tables examine the results obtained from calculations, and reflect absolute numbers and the percentages of the working population within the five ranges described. (RH). |
| Accession Number | CPA-981203207 B |
| Classmark | JJ: JK: F:W: WUA: 6C |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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