Social Market Foundation proposes early pension access to address youth financial crisis
By
Polly Toynbee
Summary
The article discusses the financial crisis facing young people in the UK, who are the first generation expected to do worse financially than their parents. It highlights Alan Milburn's analysis of this problem and presents a proposal from the Social Market Foundation (SMF) that would allow young workers early access to a portion of their future pensions to help them financially. The piece argues that bold, inventive ideas are needed to address systemic economic inequality faced by younger generations.
Source
bskySocial Market Foundation proposes early pension access to address youth financial crisistheguardian.comKey quotes
· 3 pulledthe first generation ever to do worse financially than their parents did at their age
Now is the time to bring them out
Among the thinktanks, voluntary sector and business organisations coming forward with ideas, this week the Social Market Foundation (SMF) is offering an inventive plan to help
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