Unretirement

More over-50s returning to work amid cost-of-living crisis

Older workers have been leaving the jobs market in their droves over the past two years, partly due to many re-evaluating what they want from their lives and careers during the course of the COVID-19 pandemic, and also due to the devastating impact the pandemic had on the prospects for many older jobseekers, who felt they had no choice but to leave the workforce.

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Bank of grandma and grandad

Older generation using the wealth held in their property to help younger generations

It’s no secret that many younger people tend to encounter difficulties when seeking to enter the housing market for the first time. The degree to which existing homeowners are now prepared to use their own wealth to help their other family members onto the property ladder has increased notably over the last six years.

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Mind the retirement gap

Four out of five workers not saving at levels which are likely to deliver an acceptable standard of living in old age

Four in five workers (16 million people) are not saving at levels which are likely to deliver an acceptable standard of living in retirement, according to new research[1] – these numbers exclude Defined Benefit pension savings.

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