SMF finds support for giving young people one year of state pension early as a lump sum

SMF finds support for giving young people one year of state pension early as a lump sum

Professional Pensions
clock • 3 min read
SMF finds support for giving young people one year of state pension early as a lump sum

The majority of younger people support a proposal that would give them the choice to receive the first year of their state pension early as a lump sum, the Social Market Foundation (SMF) has found.

The think tank's report, Citizens Advance – A state alternative to the Bank of Mum and Dad, set out the idea – originally devised by Labour MP Andrew Lewin and being independently developed by the ...

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