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.