Revealed: those receiving the nation’s highest and lowest pension incomesRevealed: those receiving the nation’s highest and lowest pension incomes

28th May 2019 by RetireEasy

New data from Salisbury House Wealth demonstrates how much of a “postcode lottery” the nation’s pension incomes are.

Assessed by parliamentary constituencies, The Midlands is home to six of the 10 areas with the lowest income. Of 650 constituencies, Leicester West had the lowest annual pension income, with an average of just £10,400, followed by Coventry North East £12,300. Glasgow North East comes in just slightly higher at £11,800.

London is home to seven of the top 10 areas with the highest average pension income: City of London and Westminster was the highest income constituency, with an average of £34,100, followed by Chelsea and Fulham (£31,700), then Westminster North (£27,300).

These were followed by: Wimbledon (£26,300); Mole Valley (£26,100); Richmond Park (£25,900); Hampstead and Kilburn (£25,700); Kensington (£25,100); Esher & Walton £24,700 and Guildford (£24,200).

Despite the significant differences between the highest and lowest income areas, SHW noted that the research showed a relatively low level of income across the UK. While South East retirees may be enjoying higher pension incomes, the cost of living in or near London will also be higher.

SHW also found that higher earnings do not always result in a higher pension income, with the lowest earning areas, Dwyfor Meirionnydd and Blackley and Broughton having average pension incomes of £19,700 and £21,000 respectively.

You can find out how long your pensions and savings will last–and what would happen if you took out more or less at any given point–with the RetireEasy LifePlan.  You can also check out the impact of putting funds aside for later life care.  Go to:



New features on RetireEasy.

Not yet retired?

You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. As always, you can revisit these projections and change them at any time either when your expectations change, or you have real numbers to replace projections already made.

New useful charts?

There are now three additional charts, further breaking down your assets and income.

Download your data in a spreadsheet?

You can now also download spreadsheets giving you the opportunity to view all of your entered information, and your entire LifePlan in one glance.

Sign up now