Three-in-four employees expect to work beyond 65 - Canada Life

Adam Saville
clock • 3 min read

Rising cost of living and poor savings putting extra pressure on households

Around three quarters of UK employees - the equivalent of 23 million people - plan to work after they reach state pension age (65) and nearly half (47%) will be older than 70 before they retire - up from 37% in 2017 - a survey from Canada Life has suggested. According to a survey of 1,007 UK people in full and part-time employment (April 2018), the proportion of UK employees expecting to work beyond 65 has remained at around three-quarters for the second year running, however this figure is significantly higher than in 2016 (67%) and 2015 (61%). Almost a fifth (17%) of respondents, me...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

Employees with cancer worried about returning to work

Employees with cancer worried about returning to work

L&G and Perci Health research

Jaskeet Briah
clock 15 April 2025 • 2 min read
GRiD adds AI firm to membership

GRiD adds AI firm to membership

Increasing engagement in group risk

Jaskeet Briah
clock 08 April 2025 • 1 min read
78% of employees still anxious about cost of living

78% of employees still anxious about cost of living

Health Shield research findings

Jaskeet Briah
clock 01 April 2025 • 2 min read