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DC scheme membership by age

FOI reference - FOI-62
Date - 6 December 2022

Request

You have requested the following information:

We are running a research project and we are looking for DC scheme membership by age – for number of members and amount of savings accrued. Is this data you hold?

Response

I can confirm that we hold information falling within scope of your request / the information you have requested.

Information we are able to supply

Membership by age:

  • This information is contained in the DC trust publication.
  • The figures below refer to DC schemes with 12 or more members but exclude hybrid schemes with DC members.
  • The figures below only include active and deferred members.
Table Content Numbers
Annex Table 2.6
Membership aged 50 to 59
4,121,000
Annex Table 2.7
Membership aged 60+
1,493,000
  • The DC Trust return does not currently published total active and deferred membership of DC schemes. The figures below help to put the membership age bands into context.
  • The figures below refer to DC schemes with 12 or more members but exclude hybrid schemes with DC members.
Active Membership in DC schemes 9,447,000
Deferred Membership in DC schemes
12,321,000

Assets by member:

  • This information is contained in the DC trust publication.
  • The figures below refer to DC schemes with 12 or more members but exclude hybrid schemes with DC members.
  • The membership figures – and therefore the average assets per membership - includes active, deferred and pensioner members.
Table Content
Annex Table 3.17
Reported assets
113,548,000,000
Annex Table 3.17
Total Membership in DC schemes 21,784,000
Main document Table 4 Average Assets per membership 5,212