A recent survey by Aviva revealed a significant portion of Brits are interested in including cryptocurrencies in their retirement plans, despite existing concerns.
Growing Interest in Crypto-Backed Retirement Funds
According to the Aviva survey, 27% of British adults are open to including cryptocurrencies as part of their pension savings. The poll, conducted between June 4 and 6 among 2,000 respondents, found that over 40% are considering crypto due to its high potential returns.
Willingness to Take Risks With Pensions
23% of respondents indicated they would consider withdrawing funds from their existing pensions to invest directly in cryptocurrency. This trend is particularly strong among younger adults, with nearly one-fifth of those aged 25–34 admitting to having already used their pension savings for crypto purchases.
Risks Still Overshadowing Adoption
Despite the growing interest, Aviva’s poll found that security and regulatory concerns remain significant barriers. 41% of respondents highlighted hacking and phishing risks, while 37% pointed to the lack of regulatory safeguards. Market volatility was identified by 30% of participants as the third-largest concern.
Overall, while interest in cryptocurrencies as a tool for retirement planning in the UK is growing, significant risks remain barriers to the widespread adoption of digital assets.
