Advice and pension 'empowerment' vital for over 50s push into work

Call for better advice and pension considerations for the older workforce

Hope William-Smith
clock • 1 min read
Image: © Zara Farrar - HM Treasury
Image:

Image: © Zara Farrar - HM Treasury

The lack of initiatives to increase pension engagement or provide financial advice places over 50s in a dangerous position as the government ploughs on with its initiative to encourage them back to the workplace, My Pension Expert says.

The at-retirement specialist firm's policy director Lily Megson said the recent pressure on over 50s following the 2023 Spring Budget "fails to consider people's motivation for retirement". She ...

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

Scottish Widows renews master trust insight partnership with PMI

Scottish Widows renews master trust insight partnership with PMI

Partnership will see Scottish Widows act as PMI’s insight partner

Martin Richmond
clock 19 March 2025 • 2 min read
Buzz: Should the government establish a long-term savings commission?

Buzz: Should the government establish a long-term savings commission?

Long-term savings commission, regulatory burdens and trustee workload

Professional Pensions
clock 18 March 2025 • 1 min read
Phoenix Group operating profit increased by 31% in 2024

Phoenix Group operating profit increased by 31% in 2024

Group results show group workplace AUM rose to £66.5bn last year

Martin Richmond
clock 17 March 2025 • 3 min read
Trustpilot