Majority of young people favour 'pot for life' model

Survey finds three quarters of those aged between 25 and 34 support model

Jasmine Urquhart
clock • 3 min read
Majority of young people favour 'pot for life' model

The majority (78%) of savers aged between 25 and 34 support the lifetime provider model, a survey from Cushon and the Social Market Foundation (SMF) has found.

The survey of 1,618 workers with a defined contribution (DC) pension found nearly three quarters (72%) of workers overall favour member choice. When asked about the ‘pot for life' model, a simil...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Small pensions pot consolidator launched, Mansion House Compact II draft circulated, TPR superfund blog

Professional Pensions
clock 25 April 2025 • 1 min read
Utmost posts 90% annual AUA increase after entrance to UK BPA market

Utmost posts 90% annual AUA increase after entrance to UK BPA market

Group surpasses £100bn AUA mark but posts decrease in operating profit

Jasmine Urquhart
clock 25 April 2025 • 1 min read
Drive up social mobility to boost DEI initiatives, NextGen urges

Drive up social mobility to boost DEI initiatives, NextGen urges

Research finds industry focus groups have concerns over ‘diversity-washing’

Martin Richmond
clock 25 April 2025 • 4 min read
Trustpilot