The Pensions and Lifetime Savings Association (PLSA) has described as "alarming" new research from the Centre for Ageing Better on the 'unemployment trap' experienced by those aged over 50.
The Centre for Ageing Better report found health and caring responsibilities, suitability of work, employability, institutional ageism and national policy were all barriers to employment for those aged over 50. PLSA director of external affairs Graham Vidler said: "This research makes for alarming reading. With people spending longer in education and living longer, we simply cannot afford to compress working lives like this. "It will be hard, if not impossible, for them to save for a longer retirement - bearing in mind that those in their 50s now may live well into their 90s." The...
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