Retirees more relaxed on tax avoidance than Generation X

Ethical behaviour affected by gender, age and money

Hannah Godfrey
clock • 2 min read

Retirees find it more acceptable than Generation X not to pay as much income tax as they should, research conducted by the Chartered Institute for Securities & Investment (CISI) has found.

According to CISI 15% of retirees said it was acceptable to avoid paying income tax, compared with 8% of 30-39 year-olds. However, when it came to using technology, younger people seemed to behave less 'Ethically' than their older counterparts.   For instance, almost two-thirds (63%) of 18-29 year olds believed it was acceptable to download video or tv content without pay compared with about a third (37%) of 50-59 year-olds. CISI integrity and ethics manager Rebecca Aston said: "The difference in the response to the question on income tax could possibly be explained by retirees per...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

SENDA launches special needs and disability planning training course

SENDA launches special needs and disability planning training course

For financial and legal professionals

Jen Frost
clock 20 January 2026 • 2 min read
AI opportunity or dotcom déjà vu?

AI opportunity or dotcom déjà vu?

Experts tell Professional Adviser where they see long-term value in AI

Sahar Nazir
clock 19 January 2026 • 3 min read
Fintel buys Pearson Ham pricing data business in £11m deal

Fintel buys Pearson Ham pricing data business in £11m deal

Acquisition expected to generate revenue of £2.6m

Sahar Nazir
clock 19 January 2026 • 2 min read