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Monday, February 01, 2016

Over 50s control a lot of the UK's wealth - about £6 Trillion - give or take a few £ Billion

For marketers who are looking for new evidence confirming the obvious, that the over-50s own much of the UK's wealth, Saga has issued a new report.

The figure they have come up with is £6.2 Trillion - that makes it that the over-50s own about 70% of the wealth of UK households.

I expect the number is incorrect, but that doesn't matter. The amount of economic power is considerable. Who cares if it its 60%, 70% or 80% - it is a bloody large number.

Maybe worth marketers paying the group some attention? Dick Stroud

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