A quarter of young people aged 18-24 years has not heard of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.
Aviva has called on the government to provide more support for younger pension savers after its research revealed that many were in the dark about how much they needed to save.
A typical young adult aged 20-40 wants to retire at 59 with an annual retirement income of £26,000, according to new research.
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