Covid pushes back UK retirement plans

Average two-year delay

John Brazier
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Covid pushes back UK retirement plans

UK over 50s primarily concerned with wider economic impact of the pandemic

Covid-19 has caused around one-in-five people in the UK to delay their retirement plans, highlighting the scale of the UK's financial vulnerability during the pandemic. Research from the British Seniors State of Retirement Report from that around 22% of UK adults have had to postpone their plans, while 77% of over 50s said that the pandemic has "severely impacted" retirement plans. The pandemic has created an average delay of two and a half years, based on a survey of 1,500 people aged over...

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