A staggering 46 per cent of people plan to rely on the state pension in retirement despite Government attempts to encourage people to plan for old age.
A survey by NOP for Standard Life asked 635 people nationwide if they had a pension and why they do not save more for retirement.
It reveals 46 per cent do not have any other form of provision other than the basic state pension. And some 19 per cent of these people do not feel the need to make other plans.
Over half of the respondents believe they do not need a pension because their partner already has one. As many as 5 per cent believe the state pension to be enough.