The Chancellor, Rishi Sunak, announced a further £2.9 billion of funding to help restart the careers of those who have fallen out of work as a result of the COVID-19 pandemic.
The proportion of people over the age of 50 in employment has risen over the last 20 years, but this progress masks the large number of people falling out of work prematurely.
While some employers are already making headway in creating age-friendly workplaces, increased education and uptake of inclusive practices is needed to keep more of us in work for longer.
This report highlights the importance of providing support to employees in mid-life as a way of helping them stay in work for longer if they want to, plan for what they will need in retirement, and think ahead about their future needs.
New report details pilots by Aviva, Legal & General, Mercer and the Pensions Advisory Service to help workers in mid-life make realistic choices about their career development, health and finances.
Showcasing four case studies, this report outlines the response to the recommendation to introduce a ‘mid-life MOT’ in John Cridland’s independent review of state pension age.
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