DWP expands mid-life MOT scheme

The government department has invested around £4m to expand the offering

Holly Roach
clock • 2 min read
Mel Stride. Attribution 3.0 Unported (CC BY 3.0) (parliament.uk)
Image:

Mel Stride. Attribution 3.0 Unported (CC BY 3.0) (parliament.uk)

The Department for Work and Pensions (DWP) has expanded its mid-life MOT scheme to benefit additional workers with guidance and support ahead of retirement.

Mid-life MOTs - first mooted in 2017 in the Cridland Report, and launched in 2019 - were set up to act as a check-up on a person's finances, to help them consider their existing financial and lifes...

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

TPR publishes compliance and enforcement policy for CDC schemes

TPR publishes compliance and enforcement policy for CDC schemes

TPR will use risk notices if it has concerns a CDC scheme may breach authorisation criteria

Holly Roach
clock 13 November 2024 • 1 min read
Access LGPS pool hits £50bn in assets under management

Access LGPS pool hits £50bn in assets under management

Pool also revealed it is working on private equity and private debt mandates

Holly Roach
clock 12 November 2024 • 1 min read
Buzz: Are you happy with the FCA's final dashboard rules?

Buzz: Are you happy with the FCA's final dashboard rules?

FCA dashboard rules, national lifetime savings plan and US election

Professional Pensions
clock 12 November 2024 • 1 min read
Trustpilot