Money & Work / News
£4million grants to boost volunteering among over 50s
£4million grants to boost volunteering among over 50s With life expectancy in the UK increasing, a valuable opportunity has opened up for greater numbers of volunteers to share their skills and talents with others in later life - offering a rewarding experience...
Why shouldn’t the over-50s start a new career?
Why shouldn’t the over-50s start a new career? Those in the golden generation still face decades of work - they should enjoy the luxury of being useful while they can. Why not become a teacher? The Guardian reports that is it too late to change your...
Downsizing: older people ‘have unrealistic expectations’ about income from moving to a smaller property
Downsizing: older people 'have unrealistic expectations' about income from moving to a smaller property Older homeowners may be expecting more money from downsizing than they'll actually get. Love Money reports that it seems that older people 'have...
Why one in three over-50s are investing in the stock market
Why one in three over-50s are investing in the stock market A third of older people now hold stock market investments, mainly as a way to boost their retirement income, a study has found. BT reports that one in three over-50s hold stock market...
Employment Minister calls on businesses to create more opportunities for older workers
Employment Minister calls on businesses to create more opportunities for older workers New figures show that there are now more people aged 50 to 74 in work than ever before, 3.7 million more than there were 20 years ago. Government News reports that the...
Government to appoint ‘older workers tsar’ tasked with keeping workers over 50 in their jobs
Government to appoint 'older workers tsar' tasked with keeping workers over 50 in their jobs Keeping people over 50 in work will be the task of the new “older workers tsar”, appointed by the Government. The Evening Standard reports that while 75 per cent...
80% of over 50s are baffled by the new state pension plan while nearly half don’t know how much money they are entitled to
80% of over 50s are baffled by the new state pension plan while nearly half don't know how much money they are entitled to The majority of those approaching retirement are ignorant of vital details of the new state pension, a survey has revealed. The...
What over-50s spend their money on once the mortgage is paid off
What over-50s spend their money on once the mortgage is paid off Holidays, home improvements and family gifts are priorities for those who have more spare cash in later life. BT Home reports that over-50s who've paid off their mortgages are using much of...
One in four aged over 50 plans pension ‘gift’ of £51,000
One in four aged over 50 plans pension 'gift' of £51,000 One in four people aged over 50 plans to leave some of their pension behind to loved ones, research from Saga has found. Money Observer reports that the average planned pension 'gift' is £51,000,...
Older workers are the future of the workforce, say UK’s leading businesses.
Older workers are the future of the workforce, say UK’s leading businesses. A report titled Age in the Workplace, conducted by Business in the Community’s, which works to create a fairer society and a more sustainable future, highlights the benefits older...
New figures reveal over-50s are the fastest growing part of workforce
New figures reveal over-50s are the fastest growing part of workforce Scotland is enjoying a historic boom in “grey workers” as hundreds of thousands of people enjoy better health in their 50s, 60s and 70s. The Herald reports that new figures show the...
Our Disappearing High Street
BHS With the announcement yesterday that old high street stalwart British Home Stores has gone into administration and today’s announcement regarding Austin Reed we have taken a look back over the past 30 years to how our high streets have changed. The popularity of...