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Private Pensions

Table 16: Average size of pension fund used to buy an annuity[1]

 

Year

Average size of pension fund

2002

£22,047

2003

£21,703

2004

£21,492

2005

£26,830

2006

£26,399

2007

£24,841

2008

£25,150

2009

£23,375

2010

£25,874

 


[1] Information supplied by the Association of British Insurers (2011). Estimates are based on the fund used to purchase an annuity, i.e. after any lump-sum available from the fund has been taken.

 

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