The changing employment landscape and its impact on saving for the future

Labour markets are in the midst of a seismic shift. Self-employment is rising. Contractor employment is rising. More people than ever are working flexibly, in a booming ‘gig economy’. And, on top of all this, increased life expectancy is seeing people remain in employment for much longer too – even after they’ve taken retirement.

With such enormous shifts already happening, it might be difficult to imagine what other changes may lie further ahead for the employment landscape. Will reskilling become a near-necessity as people begin to outlive their careers? Will people even want a life-long career, if their new working life is to last 60 years or more? How can you make sustainable financial plans when so much is changing already, and likely to change even further in the future?

Scottish Widows’ pension expert Robert Cochran tackles these issues with economist Andrew Scott, in episode three of Scottish Widows’ podcast series. Click below for a podcast preview.

To catch the full podcast and find even more insight, case studies and expert guidance on retirement planning, visit scottishwidows.co.uk/takeacloserlook.

Recommended

1

DWP stalls on provider calls for multiple pension dashboards

Providers could be left disappointed in their efforts to build their own pension dashboards to support the Government’s initiative as discussions continue over the future of the service. As first reported by Money Marketing, the Department for Work and Pensions took control of the project from the Treasury in October as the Government and industry […]

21

Neil Liversidge: Mistrust shows how public are coached against IFAs

In future, I shall delete all emails announcing surveys alleging advisers are not trusted by the public. They are deceptive and demoralising drivel. Who answers surveys anyway? When approached by survey-takers in the street I employ the kind of high-speed body-swerve of which most professional footballers would be proud. Those conducting telephone surveys are told […]

Property-Building-Growth-House-Housing-700x450.jpg
9

Fidelity to relocate 650 staff as office closes

Fidelity International is to downsize its presence in the UK further as it plans to close its Kent office and relocate 650 staff by 2020. The asset manager, which currently operates in London, Surrey and Kent, says by 2020 it will move “the majority” of the 650 employees from Tonbridge, Kent to its Kingswood office […]

How retirement is changing

This short film outlines how increased life expectancy and increasingly varied lifestyles are reshaping the retirement journey and why it’s never been more important to have flexible, long lasting solutions for your clients. For more insight, case studies and expert guidance on retirement planning, visit Scottish Widows’ website.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment