Men are waiting longer to retire - papers 9th Sept

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THE PENSIONS CRISIS has failed to dent people's desire to take early retirement, as a study the number of men drawing their pensions at or before 60 has dropped, says the Guardian .

Researchers at pensions consultancy group Aon, who analysed the retirement ages of more than 100,000 members of final salary (defined benefit) company pension schemes, discovered 45% of male scheme members retired at or before 60 in 1985, but that figure has risen to almost 60% by last year. Research about retirement ages were published on the same day as hundreds of pensioners converged on Westminster yesterday – at the same time as the pensions bill was being debated – to protest about the increasing pressure on members who have seen their schemes wound up. BANCO SANTANDER would nee...

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