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Pensions Crisis Looms For Older Jobseekers, Warns Age Concern

15 November 2006

Hundreds of thousands of older jobseekers would be saving into an occupational pension if only they could find a job, according to Age Concern.

Age Concern is calling on the Government to act urgently to help older jobseekers back into work so they can boost their quality of life and make essential retirement savings. The call comes as Age Concern launches its new report "Not ready for the scrapheap: looking for work after 50". New research published in the report shows that a lack of access to meaningful training, ageist attitudes, and not enough realistic advice and support, are just some of the reasons why almost a million over-50s who want to work cannot find a job.

Many older people cited financial difficulties in later life as a major motivation for wanting to find work, with some needing extra cash to pay basic bills and others desperate to build up their pension before retirement or meet other financial commitments.

The research was conducted through a series of focus groups at Age Concern employment projects across the country. The participants, all in their 50s and 60s, expressed strong views about the barriers preventing them from re-entering the workforce.

Some participants highlighted gaps in their experience, training and skills as a factor in their lack of success in finding work. Others reported blatant age discrimination when applying for work. The lack of realistic advice and support available to them was also raised by many participants.

Age Concern's Director General, Gordon Lishman, said: "The Government wants people to work for longer to help solve the looming pensions crisis. But unless it actually helps older jobseekers back into work this won't happen.

"The new age laws are a good starting point but much more still needs to be done. Older people looking for work need far more practical and emotional support, and ageist attitudes must not be tolerated.

"A transformation of the workplace is clearly long overdue but targeted programmes must also be put in place to support those who are looking for work or to build new skills."

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