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Pension Trends Chapter 10: Saving for retirement
Administrative records - HM Revenue & Customs (HMRC)
Personal pension scheme providers are required to submit statistical reports to HMRC with their claims for tax relief.
The reports relate to all personal (including stakeholder) pensions; there is no comparable source of information on occupational pensions as tax relief is given at source.
HMRC produces estimates of the distribution of personal wealth, based on inheritance tax, capital transfer tax and other data.
The Wealth and Assets Survey collects information about the economic wellbeing of households and individuals. Households in the survey are followed up to find out how their wealth varies over time.
The survey includes pension provision and estimates of pension wealth. The report of the first wave (2006/08), ‘Wealth in Great Britain’, covered 31,000 households over a two-year period.