Pre-Retirement Programmes

"Are staff your single biggest asset?"

"Is their welfare your concern?"

"How do you prepare your staff for retirement?"

It has been estimated that some 15 million workers in the UK will reach retirement by 2030. Most people have some idea about what they would like to do in this phase of their lives; however, pre-retirement programmes provide the opportunity for staff to begin planning for such an event in a structured way.

Retirement can have a significant impact, both emotionally and financially, on people so MMA programmes can be tailor-made on a one-to-one basis or can be run as a form of workshops. Typically the programmes would include exploring such issues as work and leisure options; health; the impact of retirement on family and friends and financial matters. MMA encourages the participation of partners in these events.

Independent Financial Advice (IFA) support via LEBC is available to assist with financial planning issues.

The Pre-Retirement Programme covers the following areas:

• Understanding and adjusting to transitions
• Health - looking forward and looking after yourself
• Money matters and financial planning
• A change in direction
• Home; family and relationships; the effect on the family.
• The secret of longevity; a new value in life
• A personal action plan

Below is a guide showing the various programme options currently available:

• One Day 1:1 Pre-Retirement Programme with/without IFA support
• One Day Pre-Retirement Workshop for up to 12 people
• Two Day Pre-Retirement Workshop for up to 12 people, including IFA support
• Half Day IFA Financial Planning Workshop for up to 30 people
• Two Hour 1:1 IFA meeting with financial recommendations to follow

So, what are the benefits to an employer?

Pre-Retirement Programmes can be offered to employees as part of their benefits package and provides tangible evidence that an employer has the welfare of its staff, throughout their entire working life, at the heart of its people management policies. This can also lead to higher morale, greater loyalty and commitment and better retention levels amongst employees.

If you want to know more about our Pre-Retirement Programmes, or any of the other services MMA provides, please Contact Us.