Millennials shun pensions in favour of ISAs, research claims

Data from online investment platform rplan also showed 29% of people dubbed millennials - born between the early 1980s to the early 2000s - are saving using investment ISAs. However, it also showed a third are not saving anything each month. The proportion of 18 to 24-year-olds saving into a pension is just 12% but this rises to 28% among 25 to 34-year-olds, the research said. However, around three in ten (29%) millennials are saving into an investment ISA and 49% into a cash ISA, rplan said. Some 72% of millennials surveyed said they had left the parental home. Of those, people...