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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Bank of England holds rates at 3.75% for fourth consecutive time

Bank of England holds rates at 3.75% for fourth consecutive time

Energy shock impact still unclear

Michael Nelson
clock 18 June 2026 • 2 min read
DC pension assets expected to hit £1trn and overtake DB within five years

DC pension assets expected to hit £1trn and overtake DB within five years

DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035

Holly Roach
clock 17 June 2026 • 2 min read
Aviva gets targeted support green light

Aviva gets targeted support green light

Latest provider to get FCA approval

Jen Frost
clock 17 June 2026 • 1 min read
Trustpilot