Over-55s set to delay retirement as costs soar

Pre-retirees plan to delay their retirement by three years on average

Jasmine Urquhart
clock • 1 min read
Over-55s set to delay retirement as costs soar

Nearly half of ‘pre-retirees’ – those aged 55+ who are still in work – will need to delay their retirement, research by Legal and General finds.

The insurer's survey of more than 2,000 pre-retirees - carried out last month by Opinium - found 41% plan to delay retirement, keep working part time or keep working full time. According to Offi...

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Commons overturns salary sacrifice protections, TPR guidance on Virgin Media judgment, LifeSight to launch retirement CDC solution

Professional Pensions
clock 27 March 2026 • 1 min read
Most think trust in pensions industry is 'too low'

Most think trust in pensions industry is 'too low'

PP survey finds two thirds agree with pensions minister on lack of trust in industry

Jasmine Urquhart
clock 27 March 2026 • 2 min read
News Digest: UK ministers to push ahead with capped 'mandation' powers on pension schemes

News Digest: UK ministers to push ahead with capped 'mandation' powers on pension schemes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 27 March 2026 • 1 min read
Trustpilot