The value of assets held in UK pensions in 2011 was £2,040.7 billion (135% of GDP). Self-administered pension funds held the largest share of these assets, at £1,444.0 billion (71%) in 2011.
Total contributions to self-administered pension funds (in nominal terms) have risen between 1992 and 2012. Although employee contributions remained flat over the period, employers’ normal and special contributions have risen markedly over the period.
Normal contributions from employers rose from under £5 billion in 1992 to £25.5 billion in 2012. Employers’ special contributions (e.g. deficit reduction payments) started to increase from 1999 and peaked at £13.2 billion in 2006, before falling to £11.9 billion in 2007 and £6.8 billion in 2008. In 2009, special contributions by employers rose to £10.0 billion and in 2012 they reached £19.4 billion.
Source: Office for National Statistics
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