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

More on Industry

Obituary: Peter McEwen

Obituary: Peter McEwen

The former Merchant Navy Officers Pension Fund chair passed away on 6 September

Professional Pensions
clock 11 September 2025 • 2 min read
Partner Insight: 30 years of 'unfathomable' change in pensions

Partner Insight: 30 years of 'unfathomable' change in pensions

John Towner, managing director of UK PRT at L&G, talks about 30 years of pension changes, highlights, and what the future holds for the industry.

John Towner, Managing Director of UK PRT at L&G
clock 11 September 2025 • 6 min read
Pension transfers being 'unnecessarily' delayed due to scam warning flags

Pension transfers being 'unnecessarily' delayed due to scam warning flags

PensionBee argues there is ‘no clear correlation’ between the number of scam flags and the number of scams occurring

Martin Richmond
clock 11 September 2025 • 3 min read
Trustpilot