Retirement

Average UK worker has £28,000 in unclaimed pensions

In the UK, the average worker has £28,000 in stranded pension pots, according to new research from wealth manager Netwealth.

Employers failing to prepare for retirement, research finds

Almost a third (30%) of workers plan to retire in the next five years, yet only 11% of employers have discussed their retirement plans with them, according to exclusive research from recruitment...

How can HR support the millions delaying retirement?

According to data from Opinium Research, compiled on behalf of Legal & General, 2.5 million pre-retirees will have to delay retirement because of the economic downturn, with 1.7 million expected to...

Oxford professors win age discrimination case

An employment tribunal has ruled that Oxford University was "not legally justified" in forcing four academics to retire at age 68.

Single mothers missing £852 million in pension contributions

Working single mothers have missed out on an estimated £852 million in pensions savings because they are not covered by the auto-enrolment scheme introduced in 2012.

Surge in over-60s candidates as cost of living bites

The number of over-60s registering as job candidates has surged, according to data from recruiter Randstad UK.

Thousands of over 50s boosting earnings with hospitality jobs

More than 130,000 workers over 50 in hospitality are working to boost their retirement income, representing nearly a quarter (24%) of all workers of this age group in the sector.

Loss of experience in workplace raises safety concerns

A loss of older and experienced workers is leading employees to feel less safe at work, according to a new report from Draeger Safety UK.

Oxford professors seek tribunal over forced retirement policy

University of Oxford professors are launching an age discrimination claim against the institution over its forced retirement policy.

Financial stability led older workers to leave during pandemic

The majority of workers over 50 who left employment during the second wave of the pandemic were able to do so because of a comfortable financial situation, according to data from the Office for...

UK workers forced to rethink retirement plans

UK workers are having to work for longer before retirement due to the increased state pension age, while receiving less money from their pensions than they would need to retire comfortably.

UK launches new pension scheme to boost retirement options

The UK government has unveiled a new pension scheme to provide workers with more options for their retirement funds.