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

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

More on Industry

The Pensions Commission: Key principles for progress

The Pensions Commission: Key principles for progress

Kathryn Fleming says commission must consider three core principles to test adequacy

Kathryn Fleming
clock 12 August 2025 • 3 min read
Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

DB run-on, educating savers and key pensions issue causing concern

Professional Pensions
clock 12 August 2025 • 1 min read
News Digest: Labour to raid savings of workers who die before pension age

News Digest: Labour to raid savings of workers who die before pension age

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 August 2025 • 1 min read
Trustpilot