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Britons are working longer to supplement pensions

Sep 29 2008

Employees in Britain are working beyond the usual age as the attitude to retirement is changing and people lead more active lives post-work, a pension provider states.

AEGON found people choosing to leave employment at the traditional age is becoming increasingly rare as staff look to make more money for their retirement.

Mark Locke, a spokesperson for the company, says the attitude to leaving work has altered over the past few years, with people now choosing to have more active retired years.

Recent research from AEGON found less than a third of people plan to stop working when they reach the conventional age, with 61 per cent planning to be employed in some capacity after they retire.

Locke states: 'Gone are the days when you reached 65, got your carriage clock and settled in for a sedate retirement. People are living far more active lives.'

He adds the fact people are living longer also leads to them choosing to retire at an older age.

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