UK. Half of millennials want cryptocurrencies in pensions
Almost half of millennials would like to invest their pension in cryptocurrencies, study finds.
The research on UK pensions explores the appeal of new investment opportunities across different groups of savers.
It finds that the appetite for cryptocurrencies is high among millennials at 40%.
But digital currencies hold far less appeal for older generations. It was 10% among Gen X (age 41 to 56), 7% for baby boomers (aged 57 to 75) and 10% for the silent generation (aged 76 and older).
The research also shows that 20% of advised investors would add cryptocurrencies to their pension if given the opportunity to do so. It was 8% for their non-advised counterparts.
A higher percentage of advised investors (22%) would add medicinal cannabis to their pensions as opposed to 13% of non-advised investors.
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