Deferring state pensions: Weighing up the options

A recent survey by restricted advice firm Towry found that 65% of over-50s still in full-time employment intend to continue to do some form of paid work during their retirement. This trend has been growing over recent years: in 2013 the Office of National Statistics found that the number of over-65s in work surpassed one million. With the flexibility to pensions launched in the last Budget around how retirees can take their pensions, this number is set to grow significantly. However, it's clear that retirees are not choosing to defer their state pension. Research from LV= found jus...