'Pension not enough to fund retirement'

ONLY one-third of workers believe that their pension will give them enough money in retirement, according to research published today by the National Association of Pension Funds.

The study also examined what would make people more likely to save into a pension: just over a quarter said they would be more confident in pension saving if they were sure they would not lose any of the money paid in.

But despite current interest in allowing people early access to part of their pension, only 10 per cent of people said that this would make them more confident in saving money in a pension.