Brits currently have around £6.45trn ($8.77trn, €7.73trn) of private wealth held in pensions, compared with £5.46trn of property wealth, research by insurer NFU Mutual found.
Pension wealth has increased by nearly £3trn over the past decade and it currently makes up 42% of household wealth in Britain, compared to 36% in property.
Between 2010 and 2012, the amount of wealth between the two was roughly the same at £3.53trn. But since then, wealth in both occupational and private pensions increased by £3trn, while property only recorded a rise of just under £2trn.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.