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Gen Z pension investment falls as gold and crypto ownership rises

Gen Z pension investment falls as gold and crypto ownership rises

Gen Z pension investment has fallen over the past six years, despite younger savers increasing their exposure to gold, stocks and crypto, research from GWI has found.

The insights company found that gold ownership among Gen Z has increased by 50 per cent over the past six years, while investment in stocks and shares has risen by 45 per cent.

Crypto ownership among Gen Z has also increased by 43 per cent over the same period.

However, pension investment among the age group has fallen by 10 per cent, suggesting that younger savers are increasingly favouring assets they can manage themselves over traditional retirement saving.

GWI said the findings indicated that Gen Z is becoming more financially engaged overall, but is also taking a…

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