News Hound

As many as a third of all working-age adults have never contributed towards a private pension.

And almost half of employees are not members of a company pension scheme.

The figures are from a new survey - Attitudes To Pensions - despite a recognition from most of its respondents that saving for retirement is important.

The survey, commissioned by the Government, was released to coincide with the announcement of further details of a landmark scheme aimed at getting millions of employees saving for their future.

The proposed system of Personal Accounts - due to be implemented in 2012 - received support from the public [one person?], the survey indicated.

More than two-thirds of respondents backed the idea of auto-enrolment, with 84 per cent supporting the concept of a national pension saving scheme such as that proposed by the Government.[bull and shit come to mind!]

The study showed that knowledge of pension matters was generally very low at present. Fewer than 5 per cent of respondents felt they had a "good" understanding of pensions, with a quarter reporting that they knew little of nothing about them.

Worryingly, only a quarter of those quizzed agreed that they would definitely have enough money in their retirement to live comfortably.

Researchers interviewed 1,950 UK adults as part of the study.

dailymail.co.uk

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