The government's new older workers' champion has floated the idea that employees in their 50s should be able to take gap years and then return to the workforce.
Ros Altmann is pledging to engage employers as part of her role as older workers' champion, but warned that firms would lose out if they did not invest in older staff.
Ros Altmann is taking on the government's new role as business champion for older workers.
Regulation should be changed to allow a ‘national wealth service' to be established to distribute independent retirement advice more widely, according to Ros Altmann.
Ros Altmann has been named a Commander of the Order of the British Empire (CBE) for her services to pensions and pension provision in the Queen's birthday honours list.
Members of the industry have expressed concern over collective defined contribution (CDC) schemes, which are expected to feature in the Queen's Speech later this week.
Workers are to be given the option of saving into new 'collective' pension schemes which ministers believe could boost their incomes by up to 30%, under plans to be unveiled in the Queen's Speech later this week.
Retirees should have access to "specialist basic advice", not unregulated guidance, independent consultant Ros Altmann says.
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