retirement Archives

Andrew Secker: Embracing the new retirement

Mar 13, 2019 | 0 |

With UK workers living and working longer, we are beginning to see many looking for a new type of retirement, says Andrew Secker.

Gender, education and class impacts on retirement and quality of life in older age

Jan 24, 2018 | 0 |

Researchers from the University of Birmingham have found that raising your level of education and skills during your working life are key factors in determining your quality of life in retirement and older age.

Millennials on course to enjoy similar retirement living standards to pensioners today, says report

Nov 28, 2017 | 0 |

Millennials are on course to defy widespread pessimism about their retirement prospects and enjoy similar levels of retirement living standards to pensioners today, according to a new report published by the Resolution Foundation.

Alice Evans: Employees are retiring later and working longer

Jun 14, 2016 | 0 |

One out of every five UK pension scheme members expect to work into their 70s, according to research by Willis Towers Watson, with working later perceived as the main solution to inadequate retirement savings for those over 50.

Rock bottom interest rates pushing millions to work into old age

Apr 12, 2016 | 0 |

Almost one in four UK workers say they expect to work past the age of 65 as a result of low...

One-in-five Brits expect to retire after their 70th birthday

Mar 30, 2016 | 0 |

Over one-in-five people in the UK believe they will now need to wait at least until their 70s before they retire, including a small minority who do not believe they will ever be able to retire, according to a major new study of UK employees by Willis Towers Watson.

State pension age predicted to rise much faster than expected

Mar 2, 2016 | 1 |

It has long been thought that as UK population rises and the age expectancy of that population also increases that the state pension will have to be altered in response. It has now been claimed by the Labour Party and supporting economic experts, that working people may have to wait until there 70s to retire.

More and more fear they cannot afford the retired lifestyle

Feb 19, 2016 | 0 |

Many of those who plan to retire today have already surpassed pensionable age and opted to pass over retirement for a number of years. A study, released by the Prudential, found that many simply cannot afford to give up the office.

UK maternity services face crisis as midwives retire without replacements

Oct 28, 2015 | 0 |

The average age of maternity staff is increasing. Last year was the first year on record that there were more than 1,000 midwives over the age of 60 working across the UK. With many due for retirement, alarm bells are starting to ring over how the NHS service will continue with such a collapse in numbers of experienced staff.

Fiona Matthews: The death of pensions – should we be focusing more on long-term savings?

Oct 26, 2015 | 0 |

When people start saving into a pension they essentially obtain a pay rise. Not only will the Government top up a pension pot by providing tax relief but employers will often have to contribute as well.

Anxious employers fret over retirement planning

Oct 6, 2015 | 0 |

Employer concern is growing about the number of older workers who are planning to delay retirement due to sparse pension pots. A survey conducted by the professional services firm, Towers Watson, also uncovered employer concern about whether enough is being done to prepare an aging workforce for retirement.

Queen leads the way as new figures show more Brits working beyond retirement

Sep 14, 2015 | 0 |

Elizabeth II has last week become the longest reigning British monarch taking the ‘crown’ from her...

Hidden in plain sight: BITC report highlights ‘missing million’ in UK labour market

Aug 17, 2015 | 0 |

According to figures released by the Office for National Statistics (ONS) and a three part report published by Business in the Community (BITC), just over a million people aged 50 or over have been pushed out of work involuntarily.

Millennials have a more holistic approach to retirement planning

Jul 30, 2015 | 1 |

Workers want more education on retirement issues, with topics varying depending on a person’s age, according to a new survey from Partnership, a specialist provider of financial solutions for people with health and lifestyle conditions.

Retirees have misunderstandings around ‘secure’ retirement options

Jul 14, 2015 | 0 |

Today’s retirees are set on investments and savings as a viable retirement options but hold some misconceptions over what is exactly ‘secure’.

UK workers left vulnerable and in the dark about new pension reforms

Jun 1, 2015 | 0 |

Nearly two thirds of British workers (62 percent) are either totally oblivious of the Government’s recent pension freedom laws or have scant understanding of how they are affected, according to a major new survey of 5,000 UK employees by Towers Watson.