One in five millennials likely to opt out of AE

James Phillips
clock • 3 min read

More than 20% of 23 to 36-year-olds are likely to opt out of a workplace pension they have been auto-enrolled into, research by Dunstan Thomas suggests.

The estimated opt-out rate currently sits at around 10%, suggesting a doubling of people leaving their pension scheme just as the auto-enrolment (AE) programme enters its final phase of staging sma...

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 Defined Contribution

VfM will be 'core' driver of better member outcomes, TPR says

VfM will be 'core' driver of better member outcomes, TPR says

Regulator says trustees cannot afford to stand still amid push towards consolidation in DC

Martin Richmond
clock 18 June 2026 • 2 min read
Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Minesh Shah, Managing Director, The Renewables Infrastructure Group
clock 16 June 2026 • 5 min read
PPI launches 2026 DC asset allocation survey

PPI launches 2026 DC asset allocation survey

Survey will inform the institute’s 2026 DC Future Book report

Martin Richmond
clock 15 June 2026 • 2 min read
Trustpilot