Time to make a difference

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Martin Palmer looks at changing retirement patterns and asks how it will affect people's retirement planning.

From what is currently being said about pensions, it is hard to avoid the conclusion that there is one overwhelming solution being promoted to ease the pensions crisis: delay retirement for as long as possible. New economic pressures on the over 50s are already forcing them to reassess where work ends and retirement begins but the government also has plans to re-evaluate the work/retirement balance. It has accelerated a review of the default retirement age at the same time as publishing proposals for funding long term care of the elderly. The care funding models could include additional Nat...

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