Tag Archives: pensions

Ageing policy in 2013/14 – curate’s egg or turning point?

DorothyAge UK has just published its annual overview of how public policy is meeting the needs of our ageing population, Agenda for later life 2014. It reveals that the answer is a bit of a curate’s egg: parts of it are excellent, my lord. Continue reading

Financial resilience in later life

An older couple cycling through the countrysideYesterday, Age UK launched a new report, Financial resilience in later life, which calls for regular financial check-ups for the retired and people approaching pension age. Age UK believes that these check-ups are critical to help the growing number of people aged 60 and over navigate later life.

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New plans for private pensions – Age UK’s response

Scrabble pieces spelling the work 'pension'

In March, the Chancellor announced some dramatic changes to the rules on how people can access their pension pots from defined contribution schemes in his budget.  Age UK has just submitted its response to the Government’s formal consultation.

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Financial resilience as we approach retirement

This guest blog was contributed by Keith Richards, Chief Executive of the Personal Finance Society 

Pound coinsI have been involved in a series of consumer focused strategy meetings which formed part of a Financial Services Commission which was set up to examine how to improve financial resilience in later life – jointly chaired by Tom Wright, CEO of Age UK and Dr Alexander Scott CEO of the Chartered Insurance Institute.

Industry, consumer and regulatory leaders embraced the opportunity to debate and consider solutions to key later life financial challenges which included the dynamics of planning for later life, encouraging savings, changing public perception of industry trust, the development of good value and flexible financial products and increasing access to information and advice.

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