Three quarters (75 per cent) of savers would consider opting for the government-proposed pot for life pension, a report by PensionBee has revealed.

The report also suggested that, of those who may be hesitant to choose a pot for life pension, almost half (45 per cent) would potentially change their opinion if employers provided support on how it works and what it is.

The desire for the government to provide education closely followed at 42 per cent, and 36 per cent said a comparison site or service to help choose a plan that’s right for their needs would make them more likely to consider this option.

PensionBee director of public affairs, Becky O’Connor, commented that the “verdict from the public” appears to favour the pot for life, “which allows people to choose their own provider and ask their employer to pay in”.

“But the research also showed that provision of information from employers or government would be key to uptake,” she added.

Savers were also asked their preference between a pot for life pension and the stapling model, with three-quarters (73 per cent) preferring the former to the latter (22 per cent).

Stapling is where employers pay workplace contributions into the employee’s first pension, normally the fund from the employee’s first job, unless they say otherwise. The pot follows the individual from job to job and is 'stapled' to the employee.

O’Connor continued: “The reality is people change jobs, pensions get left behind, some are forgotten and retirements suffer.

“Having all of the pensions someone acquires in one place makes sense - the method for how this happens is the subject of debate.”

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