Cost of living crisis forcing retirees to return to work

Additional one in ten people have chosen to delay their retirement due to financial pressures

Jasmine Urquhart
clock • 2 min read
Cost of living crisis forcing retirees to return to work

Some 15% of retirees aged 65 and over have ‘unretired’ due to the cost -of -living crisis, analysis by Standard Life has found.

The firm's 2022 Retirement Voice report - published today (5 December) - surveyed 6,000 UK consumers, and also found that 13% of those aged 55 and over were choosing to delay their retirement due t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

XPS selected as PMI development partner

XPS selected as PMI development partner

Partnership will help strengthen professional standards and support learner success

Holly Roach
clock 06 November 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Guided retirement consultation, transfer regs consultation response, DWP fiduciary duty draft guidance

Professional Pensions
clock 06 November 2026 • 1 min read
Bank of England hikes rates to 4% in first rise since 2023

Bank of England hikes rates to 4% in first rise since 2023

MPC Committee votes 8-1 to raise interest rates

Michael Nelson
clock 05 November 2026 • 3 min read
Trustpilot