A split of the different non-pension entitlement liabilities is published for the first time, including cash and borrowing and repurchase agreements (repos); repo liabilities increased by 7% from £195 billion to £208 billion from 31 March 2022 to 30 June 2022.
Private sector defined benefit and hybrid pension scheme assets excluding derivatives fell by 12% from 31 March 2022 to 30 June 2022, driven by falls in pooled investment vehicle holdings and direct investment long-term debt securities and equities.
Both long-term conventional and index-linked gilts (UK government bonds) holdings fell by over 10% for private and public sector defined benefit and hybrid pension schemes from 31 March 2022 to 30 June 2022, as gilt yields rose over Quarter 2 (Apr to June) 2022.
Investment choices of financial institutions based on financial transactions (investments and disinvestments), including balance sheet data for short-term assets and liabilities, and income and expenditure data.
Results from the new Financial Survey of Pension Schemes, which collects data from occupational pension schemes in the UK from April 2019. Results include employer and employee contributions, benefits, transfers, assets and liabilities.
Using information from the national accounts, this article addresses 2 questions of interest for the UK economy: how much money is there in funded pensions and insurance and how has this picture changed over time?
Contributions to private (non-state) pensions. Private pensions considered are: occupational schemes for private sector and public sector employees; and personal pensions, including group personal and stakeholder pensions.