Almost 2m people to delay retirement

Jenna Towler
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Around 1.8 million people are set to request to work after traditional retirement ages over the course of the next decade, Prudential research shows.

A survey of finance directors by the life and pensions firm found 24% of companies expect staff to work beyond normal retirement age in the next 10 years, with the proportion of people in the workforce who are past traditional retirement age expected to more than double to 1.8 million. Some 39% of finance directors at larger firms expect their workforce to request to work longer. The study also found that in the past 12 months alone, 7% of finance directors have reported an increase in the number of employees asking to work past traditional retirement ages. Prudential director of d...

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