King's College
Virginia Woolf Building
1st Floor, 22 Kingsway
London, WC2B 6LE
Tel. 020 7848 3744
Mob. 07718 647 567
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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King's College
Virginia Woolf Building
1st Floor, 22 Kingsway
London, WC2B 6LE
Tel. 020 7848 3744
Mob. 07718 647 567
The Pensions Policy Institute is a registered charity and accepts donations from organisations and individuals.