27% of UK adults consider crypto for retirement portfolios

Aviva published the survey results on August 27, 2025. The study found that 18% of people aged 25 to 34 have already withdrawn pension funds to buy cryptocurrency.

Higher return potential motivated 43% of respondents who support crypto investments. Technological innovation attracted 36% of participants, while portfolio diversification interested 32%.

Security concerns topped the list of risks identified by respondents. Hacking worried 41% of participants, while 37% cited lack of regulation as a concern. Volatility troubled 30% of those surveyed.

The UK pension market has a total value of £3.8 trillion according to industry data. Many survey respondents did not understand the pension benefits they could lose by withdrawing funds early.

Traditional pension schemes offer employer contributions and tax relief benefits. Michele Golunska, Aviva’s managing director of wealth and advice, said traditional pensions provide long-term security advantages.

U.S. authorities approved cryptocurrency inclusion in 401(k) retirement plans in early August 2025. The U.S. retirement market contains about $9 trillion in total assets.

The survey covered various age groups across the UK population. Younger investors showed higher interest in cryptocurrency compared to older age groups.

UK regulators are working on transparency and compliance standards for cryptocurrency firms. The standards would align crypto companies with traditional finance requirements.

Michael Hines, former White House crypto director, recently joined Tether’s advisory board. The appointment reflects continued integration between cryptocurrency and traditional financial sectors.

Aviva operates as one of the UK’s major insurance and pension providers. The company offers retirement planning services to millions of British customers.