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UK Gen Z Workers Opt Out of Pensions as Living Costs Bite
Opt-outs among eligible 22- to 29-year-olds rose to 11.5% last year as workers weighed pension savings against rent and other bills.
Summary by Punch Newspapers
4 Articles
4 Articles
A growing number of people are opting out of these schemes due to cost-of-living requirements.
'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions
Published Until early September, Hassan Nassar, 26, was saving around £430 every month into his NHS workplace pension. But the trainee GP, who works in the West Midlands, says he was "really cash strapped" and decided to stop putting money aside for around "six to 12 months". He needs the money to…
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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