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

Partner Insight: Why active investing is becoming more outcome-oriented

Partner Insight: Why active investing is becoming more outcome-oriented

As pension schemes and institutional investors face increasingly complex objectives, active investing is evolving beyond security selection towards more purposeful portfolio design and implementation.

Samantha Ricciardi, Head of EMEA, Fidelity International
clock 19 October 2026 • 5 min read
Partner Insight: Should pension education become as routine as health and safety training?

Partner Insight: Should pension education become as routine as health and safety training?

L&G's Building Future You workplace pilot explores whether retirement adequacy can be supported by treating pension education as a workplace responsibility.

L&G
clock 19 October 2026 • 4 min read
Industry must treat DC roadmap as a connected system

Industry must treat DC roadmap as a connected system

Panel says it is ‘incumbent’ and ‘non-negotiable’ to deliver reforms successfully

Martin Richmond
clock 15 October 2026 • 2 min read
Trustpilot