Today's 30-year-olds more likely to save in pensions than previous decade

James Phillips
clock • 2 min read

People born in the 1980s are now more likely to be members of a pension scheme than those born a decade earlier, according to the Institute for Fiscal Studies (IFS).

Thanks to auto-enrolment (AE), just over two-thirds of early 1980s babies are in a workplace pension, compared to just under 55% of those born in the 1970s at the same age. The Economic Circumst...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Admin / Technology

AI usage now universal across the industry, SPP finds

AI usage now universal across the industry, SPP finds

Survey finds most respondents expect AI to be used in up to half of their services

Martin Richmond
clock 13 April 2026 • 2 min read
Aegon's pension app Mylo consolidates £135m of savings

Aegon's pension app Mylo consolidates £135m of savings

Mylo registered 111,000 users in six months and one million logins since launch

Jasmine Urquhart
clock 19 March 2026 • 1 min read
Aegon enhances member insights platform

Aegon enhances member insights platform

Members will have access to personalised videos guiding them through pension decisions

Jasmine Urquhart
clock 11 March 2026 • 1 min read
Trustpilot