The following actions are designed to empower stakeholders – including policy-makers, employers, financial institutions, civil society organizations and individuals – to implement innovative solutions that promote financial resilience and inclusivity at all stages of life. Given the rapid pace of demographic change and the evolving nature of work, these actions are more critical than ever.Prioritizing these actions can help create a robust framework that both supports individuals and strengthens the overall economic fabric of society. This section outlines achievable strategies that can be adopted now to ensure a sustainable and equitable future for all, reflecting the principles of the longevity economy and the urgent need for systemic innovation. 1. Improve retirement income solutions to ensure financial security in later life 2. Modernize retirement and social security systems to support longer lives and evolving career paths 3. Encourage auto-enrolment and behavioural nudges to increase retirement savings participationPolicy-makers EmployersFinancial institutionsCivil society Individuals Support policies that encourage innovative, cost-effective retirement income solutionsProvide access to retirement planning tools and resources for employees nearing retirementDevelop and market innovative retirement income products and integrate solutions with employer offeringsEducate the public on available retirement income planning options and best practicesEngage with financial institutions and advisers to plan for a sustainable income in retirement Policy-makers EmployersFinancial institutionsCivil society Individuals Assess and recommend updates to social security policy to improve financial sustainability based on demographic and workforce trendsReview how current policies can be made more flexible to meet long-term savings needs given increasingly diverse career pathsProvide robust, cost- efficient products to help people manage long- term savingsHelp individuals understand their savings needs and gather diverse community input to inform policy-makersReflect on personal financial and retirement goals, understand gaps and explore available resources Policy-makers EmployersFinancial institutionsCivil society Individuals Mandate or encourage auto-enrolment in retirement savings programmes to increase participation ratesImplement auto-enrolment features in employer- sponsored retirement plans to improve savings outcomesProvide infrastructure and advisory services to facilitate seamless auto- enrolment in retirement productsAdvocate for policies supporting auto- enrolment and educate the public on its long-term benefitsParticipate in auto- enrolment programmes and actively monitor personal financial progressActions that empower stakeholders to implement innovative solutions TABLE 2 Future-Proofing the Longevity Economy: Innovations and Key Trends 46

Future Proofing the Longevity Economy 2025