Presents new estimates for household entitlements in DC pension funds, which is part of the UK National Accounts series AF.63 within AF.6M in Table 6.1.9. Considers the impact of the new estimates on D.6141 (investment income). As this is an experimental Flow of Funds article, it does not show the impact of the changes on the sequence of accounts, including the household saving ratio; this will be shown as part of the series of articles accompanying Blue Book 2017 later in the year. This article follows the 16 January 2017 article (Part 1), presenting the method changes.
Methodology
-
The UK Enhanced Financial Accounts: changes to defined contribution pension fund estimates in the national accounts; part 2 - the data
Results of the national accounts methodology change for estimating household entitlements in DC pension funds described in Part 1.
You might also be interested in:
The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.
Designation can be broadly interpreted to mean that the statistics:
- meet identified user needs
- are well explained and readily accessible
- are produced according to sound methods
- are managed impartially and objectively in the public interest
Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.