'Sandwich' pensioners feel need to work longer

As part of its “Enjoy Tomorrow” series of research pieces, Clerical Medical says the “sandwich” generation are those who are supporting ageing parents as well as dependent children and grandchildren. According to the research, 91% of those interviewed do not expect to be financially dependent on their children by the time they stop working, although a third of adults expect to still have financial dependents in retirement. Paul Shelley, spokesman for Clerical Medical, says retirees’ parents are now living longer but not always with an income to match, leading to one in four pensioners s...