Three in ten furloughed workers plan to retire later

Younger savers are more likely to have altered their retirement plans

James Phillips
clock • 1 min read
Some were forced to access pension savings to get through furlough
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Some were forced to access pension savings to get through furlough

Nearly half of workers who were furloughed during the pandemic have changed their retirement plans, according to Canada Life research.

The survey of 500 furloughed adults, conducted between 20 August and 6 September, found that nearly three in ten (28%) to plan to retire later, while 18% have decided to bring the date forward. ...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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