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

Smart expands partnership with Amazon Web Services to support development of Keystone

Smart expands partnership with Amazon Web Services to support development of Keystone

Firm said partnership extension will enable ‘rapid global expansion’ through cloud infrastructure

Holly Roach
clock 30 April 2025 • 1 min read
Pensions minister confirms legislation to expand CDC to be laid in the Autumn

Pensions minister confirms legislation to expand CDC to be laid in the Autumn

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners

Holly Roach
clock 30 April 2025 • 2 min read
Five pension providers retain gold financial wellness ratings

Five pension providers retain gold financial wellness ratings

Survey shows providers were awarded gold rating across several of their member offerings

Martin Richmond
clock 30 April 2025 • 2 min read
Trustpilot