New research from WEALTH at work has uncovered the varying impact the pandemic has had on employee’s retirement plans.
- 22% say it has made them want to retire earlier and as soon as they can
- 13% want to delay retirement because they have realised they enjoy working
- 11% have had to delay retirement as they can no longer afford to retire
Understanding the intricacies of retirement can be a daunting prospect for many. Some feel overcome by the complexity of options and tax legislation and others are wary of the rise in pension scams.
To find out how you can support your employee’s approaching retirement and what other organisations are doing to help, please contact us.
*The research of 1,320 UK adults aged 50+ in employment was carried out by Vital Research between 20th May and 4th June 2021.