Net disinvestment of £18 billion was reported by insurance companies, pension funds and trusts in the fourth quarter (Oct to Dec) of 2016; this was the second consecutive quarter of net disinvestment and only the sixth since the start of this series in 1987.
In 2016, the provisional estimate of net disinvestment by insurance companies, pension funds and trusts (£40 billion) was the first since the start of this series in 1987.
The net disinvestment by pension funds of £9 billion was the largest for this series since Quarter 4 2008 (£18 billion).
Investment choices of financial institutions based on financial transactions (investments and disinvestments), including balance sheet data for short-term assets and liabilities, and income and expenditure data.
Contributions to private (non-state) pensions. Private pensions considered are: occupational schemes for private sector and public sector employees; and personal pensions, including group personal and stakeholder pensions.