'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions
A growing number of people are opting out of these schemes due to cost-of-living pressures.
Coverage by Political Leaning
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Notable Quotes
"But I need to look at what I'd be losing now if I didn't opt out."
— Hassan Nassar , Academic
"A rising number of young workers aren't saving, and overall there is a danger tomorrow's retirees are on track for lower private pension incomes than today's."
— Torsten Bell , Politician
"I would always advise people to not stop paying into their pensions if they can help it."
— April Leeson , Executive
Key People
A financial advisor at The Private Office who provides guidance on pension contributions.
A festivalgoer attending the Reading Festival with friends.
A trainee GP who previously contributed to his NHS workplace pension.
Torsten Bell is the Pensions Minister addressing issues related to customer complaints at NS&I.
All Coverage
A growing number of people are opting out of these schemes due to cost-of-living pressures.
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