Just over one third (34 per cent) of savers want more control over their pension investments, with some suggesting that this power would even push them to put more money in their pot, research from DIY investment platform, TILLIT, has found.

The survey found that demand for tools allowing savers to filter investments based is rising, as more than half (52 per cent) of those under 45 want the freedom to invest their pension in line with their values, with one fifth suggesting that this could encourage them to save more into their pension.

Generation Z workers were nearly twice as likely than the national average to put more money in their pension if they had more control, with 40 per cent of Gen Zers saying they would save more in their pension if they had more control over how it was invested.

Under 35s were also more than twice as likely to invest in funds run by female managers, demonstrating an increasing desire to back a more diverse set of fund managers.

"Interestingly", however, the survey found that men were marginally more likely than women to do so.

This was not the only key value identified by savers, as those in their late 20s and early 30s expressed the strongest desire for the option to avoid fossil fuels in their pension investments, with more than two in five (44 per cent) saying they would boycott such funds.

The findings also shone "new light" on saver demand for pot for life pension reforms, according to TILLIT, as just under half (47 per cent) of Millennials and Gen Z want the power to choose their own pension provider, rather than their employer.

Commenting on the findings, TILLIT CEO, Felicia Hjertman, said: “I founded TILLIT out of personal frustration with the challenge of making good investment decisions for my pension.

"This survey clearly shows that many people, particularly the generations at the mid- and early stage of their careers, want more control over what is, ultimately, their financial future.

“It is remarkable that so many people, particularly younger workers, would invest more money in their future if they could hop in the driver's seat and weren’t stuck on autopilot. This is what drives us –knocking down the barrier between people and their pension.”

The research was commissioned on back of TILLIT's new pension offering, which includes built-in features designed to allow users to filter the funds they choose based on their values.

TILLIT’s Group Self-Invested Personal Pension (SIPP) will sit alongside an employer’s auto-enrolment pension scheme, in order to allow employers to give their employees more freedom of choice, and the ability to take ontrol over where and how their pension is invested.

The TILLIT Pension is launching with select employers and pre-registered customers in April.

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