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The life and pensions company found that 87 per cent of non-retired residents also feel the government is failing in its aim to provide a state pension that will adequately help fund their retirement.

Just 3 per cent believe the current state pension is adequate to live on in later life.

However, almost half (47 per cent) of adults surveyed are acting to remedy their personal situation by actively saving for retirement. A further 22 per cent intend to start saving shortly.

Forty-three per cent of respondents said a larger and fairer state pension would increase faith in the Government the most, followed by 12 per cent, who said being automatically enrolled in a workplace pension would aid confidence.

Nine per cent called for an equal balance between private and public sector pensions.

Jeremy Ward, head of pensions marketing at Friends Provident, said: "Many people want to see greater commitment to state pensions, with a larger and fairer state pension proving most popular.

"The results bode well for personal accounts, with some people saying they would have greater confidence in the Government if employees were automatically enrolled in a workplace pension scheme."