As average life expectancy in the UK continues to rise, it is more important than ever that people are able to save for their longer lives and new forms of retirement.
As average life expectancy in the UK continues to rise, it is more important than ever that people are able to save for their longer lives and new forms of retirement. However, many people, particularly those aged over 50, feel excluded from the labour market, unsupported in making informed choices or exploring employment options that will provide the necessary financial security in later life.
Our ‘Good Work for Longer Lives’ report examines the key changes needed within the working environment, across skills and training, and to support better financial engagement to help people stay in work for longer. Importantly it details the role that government and employers can each play in achieving better support and empowerment of people with their financial futures.
What is a good work strategy?
A successful good work strategy means improved health and wellbeing, and better financial security in retirement for individuals. For businesses and the economy, it is a deeper, richer pool of talent from which to hire, at the very time when demand for new skills and talents to support us into the future is at an all-time high.
At Phoenix Group, we are proud to be taking a leading role in the debate on good work and showcasing, not just the actions others should take, but those which we are taking to secure a life of possibilities for our customers, colleagues and the communities we serve.