Wage growth results in extra £3bn in contributions
Average transfer values at the second lowest level since 2015
Around 3.7 million people in 2022 compared to 20% in 2017
Majority of final salary schemes comfortable with 'significant surplus'
When compared to annuity and drawdown options
The best-worst annuity gap is 16% at age 75, higher than other age groups
Transfer quotations fell by 20% over the last four years
Women are more likely to spend a larger proportion of lump sum
Workforce leavers in 2020-21 more likely to have been 'forced' into early retirement
'Evolutionary, rather than revolutionary change' in pensions