Advice profession 'stands ready' to help deliver 'mid-life MOT' - PFS

'Useful trigger to take stock'

Hannah Godfrey
clock • 2 min read

The Personal Finance Society (PFS) has offered its backing to the proposals for the 'mid-life MOT' outlined in John Cridland's report on the state pension age published today.

The mid-life MOT, targeted at those aged 50 and above, would allow people to consider their existing financial and lifestyle plans, as well as provide guidance on where to obtain help in the future. The Cridland report suggested the forthcoming pensions dashboard could be an ideal home for an online mid-life MOT, claiming the service could provide financial guidance with an "incorporated lifestyle diagnostic" also offered through the dashboard. It continued: "The mid-life MOT can act as a useful trigger to encourage people to take stock. We recognise different people will have differe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Partner Insight: The psychology of retirement

Partner Insight: The psychology of retirement

Bridging the advisers-clients gap: How emotional intelligence can help build deeper trust with clients and better understand their financial goals

James Woodfall, Raise Your El.
clock 15 September 2025 • 1 min read
Managing drawdown risk: A new frontier in retirement planning

Managing drawdown risk: A new frontier in retirement planning

'Volatility alone is no longer a sufficient risk measure'

Matthew Wright
clock 29 August 2025 • 4 min read
Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read