Planning and Preparing for Later Life, 2020-2021

<p>The <span style="font-style: italic;">Planning and Preparing for Later Life Survey (PPLL)</span> was commissioned by the Department for Work and Pensions (DWP). It provides information on people’s attitudes and behaviours around planning for retirement such as evidence on how far individuals are able to make well informed choices about how and when to retire and whether they will be in a position to enjoy financial security when they do. </p><p>PPLL is a nationally representative survey of 40-75 year olds in Great Britain. The survey includes a number of core questions in each wave but focusses on different specific objectives.</p> <!--EndFragment--><p><span style="font-style: italic;">Planning and Preparing for Later Life, 2020-2021</span> had four main objectives:</p>
<ul>
<li>To provide evidence to support policy development around income adequacy in retirement.</li><li>To gather evidence to inform the 50 Plus: Choices strategy (previously Fuller Working Lives) specifically its focus on measures that allow and encourage people to stay in work for longer.</li><li>To understand the impact of the new pensions’ flexibilities on attitudes and behaviours around pension saving and planning for later life.</li><li>To develop the evidence base around the self-employed and planning for later life.</li></ul>
<p>Data were collected from 2,655 individuals aged 40-75 interviewed via telephone between 14th November 2020 and 7th February 2021.</p>
<p>The sample for the survey was drawn from respondents to the<span style="font-style: italic;"> Family Resources Survey, 2017-2018</span> (held at the UK Data Service under SN 8460) aged 40 to 75 who had agreed to be contacted for further research.</p>
<p>The data have been weighted to ensure that findings can be generalised to the population of 40 to 75 year olds in Great Britain. The final data have been calibrated against ONS mid-year population estimates and <span style="font-style: italic;">Labour Force Survey</span> estimates to ensure that they closely resembled the target population in terms of sex, age and region.</p>