The finding, from Aon Consulting's European Employee Benefits Benchmark survey, also reveals 37% of UK employees expect to have to delay their retirement by more than five years, with 15% of those from the legal sector expecting to put off retirement by 10 years.
Oliver Rowlands, head of retirement, EMEA, Aon Consulting, said: "The spectre of pension funds going down as well as up has come as a shock to many people used to gold-plated defined-benefit pensions and state benefits. People are increasingly realising they need to take an active interest and take steps, such as delaying retirement, to make sure they are financially secure once they finish work."
Females say they are more likely to delay retirement than men at (62% compared with 57%), while 69% of workers aged between 35 and 44 believe they will have to delay their retirement due to the economic climate compared with 47% of 55-64 year olds.
