Maps to create checklist to help over-50s affected by Covid-19 plan for future

The decision comes in response to 13 recommendations on building financial wellbeing in light of Covid-19, laid down by the ‘challenge group' chairs who advise Maps. The ‘later-life checklist' will be a digital resource and have no upper age limit, but will be focused on those who intend to dip into their retirement savings as a specific result of coronavirus. This may include people who lose their jobs, or have their income reduced, and who may be likely to have fewer options in a tough jobs market. The service said that while Pension Wise and others provide guidance on a range of ma...