Legal news

More people to work into their 70s

Jonathan Winston Jonathan Winston
1 min read
This blog is more than 14 years old

New research has found that more people could be forced to work into their 70s in the future because of the pensions’ crisis.

The study, from the Future Foundation on behalf of Friends Life, found that just over half of those who have already retired said that they may have to do part-time work to supplement their pensions but this figure increases to 75% amongst those who are still working.

Experts say that the traditional image of the pensioner with slippers and rocking chair will soon have to change as, due to the economic downturn, many will simply not be able to fully retire and will have to resort to continue bringing in a wage, although perhaps in a different capacity.

Martin Palmer, head of corporate benefits marketing at Friends Life, said that many have not saved adequately for their pension and, by 2020 there will be an increasing number aged 70 plus who will not be able to afford to give up working. He says that “Wearies”, Working, Entrepreneurial and Active Retirees, will increasingly not be able to retire and will look to other means and says that, in time, despite their senior years, they will become among the most innovative and entrepreneurial contributors to the UK economy.

Source: https://www.independent.co.uk/news/uk/politics/pensioners-will-work-into-70s-6286805.html

Client feedback

Fantastic service - super efficient, no nonsense, quick and communicative. I own and run a Leeds-based Estate Agency and we've tried and tested many many conveyancing solicitors and I can honestly say, Winstons (Samantha and team in particular) are amongst the best! Thanks so much for your help with my recent property sale!
Jonathan
I would highly recommend Winston Solicitors! I was referred by my cousin who also had a fantastic experience. I can’t thank Samantha and Joe enough for their services from day one. They made the whole house buying process feel clear and much less daunting, which I particularly appreciated buying on my own for the first time. They were very responsive and went above and beyond to ensure that I completed on the day I had hoped. The attention to detail in the enquiries was particularly appreciated. Thank you!
Megan
Professional and friendly staff. Complete process on time. Quick response for queries.
Sana
Was assisted by Samira Cakali cannot fault her advice one bit. Knew exactly what steps to take to ensure a quick, clean and lucrative exit. I would recommend Winstons Solicitors to anyone seeking advice or action regarding employment law.
Anonymous
Winston’s were easy to engage and provided clear and transparent information on the process and upfront costs. Once engaged they were responsive and simple to work with. In particular Sidraa was excellent to work with, she was quick to respond and helpful. I was very appreciative of the efficiency and pace with which we progressed.
Tom
Excellent service and easy to contact when needed. Professional advice - would recommend!
Craig
I found Winstons to be a highly professional, efficient and compassionate firm of solicitors. The original estimate of fees for dealing with a complex probate matter including the sale of a property and dealing with inheritance tax proved to be very close to the final amount charged. At all stages throughout the process I was kept well informed of progress and was consulted whenever necessary. All correspondence was polite and pertinent, and my wishes were acted upon promptly. I would have no hesitation in recommending Winstons to others and would readily use their services myself in the future should the need arise.
Anonymous
The professional services provided by Winston Solicitors was exemplary. They were very professional and made the experience as pleasant as it could be. I would happily recommend Winston Solicitors.
Louis
Contact us