Longer working lives to meet requirement goals

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Andrew Tully, senior pensions policy manager at Standard Life

The UK population is changing. Fast. The death of traditional retirement patterns is very much in the news at the moment with many indicators confirming the traditional model of retirement is long gone. A generation ago most people reached state pension age on a Friday, received their carriage clock, and were retired from Monday onwards. Now, more than 1.36 million people in the UK are working after state pension age1, and recent Standard Life research tells us that many more people approaching retirement want to, and expect to, keep on working past traditional retirement age. Our research3...

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