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The statistic illustrates the average weekly expenditure per household on life assurance and pension funds in the United Kingdom (UK) from 2016 to 2018. It can be seen that households spent an average of 16.5 British pounds per week on contributions to pension and superannuation funds in 2018. Furthermore, households stated that they spent less (on average 2.9 British pounds) per week on life assurance premiums (e.g. mortgage endowment policies) at that time.
Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP)
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Office for National Statistics (UK). (January 24, 2019). Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP) [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP)." Chart. January 24, 2019. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). (2019). Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP). Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average Weekly Household Expenditure on Life Assurance and Contributions to Pension Funds in The United Kingdom (Uk) from 2016 to 2018, by Type (in Gbp)." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK), Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP) Statista, https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/ (last visited May 15, 2024)
Average weekly household expenditure on life assurance and contributions to pension funds in the United Kingdom (UK) from 2016 to 2018, by type (in GBP) [Graph], Office for National Statistics (UK), January 24, 2019. [Online]. Available: https://www.statista.com/statistics/502319/life-assurance-pension-funds-weekly-household-expenditure-united-kingdom-uk/