Retirement Courses > Later Career & Retirement Planning
Later Career & Retirement Planning
Traditionally retirement has been received as an event. The age discrimination legislation that took effect in 2006 changes the nature of retirement from an event to a process with employers having to provide adequate notice of retirement and having to manage their older staff on the basis of competence rather than age.
Life Academy can help with this process with a later career and retirement planning course targetted at those 5 years from retirement. The course will:
- Review the changing retirement and pension landscape: the demographic drivers and response from government and employers
- Review pensions and finance against likely needs in retirement and equip the participants to identify and rectify gaps in their financial provision
- Look at pensions, investment and risk
- Look at the later stages of work to maintain skills and effectiveness and determine work objectives before and after leaving full-time paid work
- Take stock of what the individual wants to take into retirement and start the planning process
- Understand the ageing process and maintaining health in the working environment.
TYPICAL PROGRAMME
Introductions - Get to know everyone
- Your needs and issues as you start the planning process
The changing retirement and pension landscape - The demographic changes: implications of increased longevity and declining birth rate
- Government and Employer's response to the issues
Finance - How pensions work: state pensions and benefits, occupational and Personal Pensions
- Defined Contribution pension schemes: 'A' Day changes
- Savings and investments: the risk pyramid
- How does your financial health look? Thinking about your future needs and your current provision
- Obtaining advice
Work - Identify your priorities and objectives in the workplace
- Understand the legislative framework
- Understand your organisation's HR policies
- How to explore and activate the options
- Flexible working arrangements
- Working longer: maintaining skills and effectiveness
- Think about post-retirement activity and how to make it happen
Health and Wellbeing - Understand the ageing process
- Problem areas for older workers
Additional Support - What do you need? Where from? By Whom? Signposting
Motivation - Identify personal gaps and priorities
- Organise them for action
- Prepare your action plan
This programme can be introduced ‘in-house’ in companies to start the retirement planning process that will run in harmony with the company HR policies and culminate in a pre-retirement course.
To enquire about a Later Career & Retirement Planning course, please contact Stuart Royston, alternatively telephone: 01483 301170.
