NEST opt-outs lowest among youngest pension savers, at 4%
15 February 2018
Average opt-out rates rested at 4% for 22 to 29-year-old members of NEST in December last year, compared with 26% for 60 to 64 year-olds.
Speaking exclusively to Professional Pensions, NEST said its records indicate that opt-out rates were 6% for 30 to 39 year-olds, and 8% among its 40 to 49-year-old members at the end of 2017.
Meanwhile, opt-out rates among members aged between 50 and 59 were 14%, compared with 23% for those aged 65 to 75.
Read the full story from Professional Pensions.