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Financial expert shares tips for making the most of your pension and coping with career change

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dailyrecord.co.uk

post-lockdown with over 60 per cent of 16 to 24-year-olds now unemployed across the UK. However, those aged 50-64, have also seen the sharpest rise in unemployment in nearly a decade, increasing by 4.1 per cent between October and December 2020, but by contrast, three was also a net gain of 32,000 jobs between February 2020 and February 2021.

The statistics highlight how people in this age bracket are more present in the labour market, but what can you do if you’re suddenly facing a career change in your later years?

Kevin Mountford, co-founder of savings platform, Raisin UK, has shared some advice on how to navigate the job market in mid-life, and make all-important preparations for retirement.

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