Based on reports from Censuswide, which polled 2,000 UK adults between June 4 and June 6, more than four in five people hold pensions that add up to about £3.8 trillion ($5.10 trillion).
UK retirement savers warm to crypto. A new Aviva survey finds 27% of UK adults would include crypto in retirement, hinting at future flows from a multi-trillion pound pension market.
Younger adults appear to be the most active. Reports show nearly 20% of people aged 25 to 34 admitted to withdrawing pension money to buy crypto at some point.
Aviva’s research also found that about one in five UK adults — roughly 11.5 million people — have held crypto at some time, and two-thirds of that group still hold some form of digital asset.
That mix of ownership and age-skewed behavior helps explain why digital currency is now part of conversations about retirement planning.
Survey participants flagged clear concerns. Hacking and phishing topped the list at 40%, while 37% cited a lack of regulation and consumer protection, and 30% named volatility.
Almost one-third admitted they didn’t completely grasp the trade-offs involved in replacing pensions with bitcoin, and 27% said they were unaware of any risks at all. Those numbers suggest interest outpaces understanding for a notable share of the public.
Regulation will likely play a large role in how fast any shift happens. Reports note that HM Revenue and Customs will require crypto platforms to collect full names, home addresses, and tax identification numbers for every trade and transfer starting January 1, 2026. That move is aimed at strengthening tax compliance and oversight and could change how some consumers view bitcoin’s privacy and convenience.
Featured image from Getty Images, chart from TradingView
