Spring Budget 2023 – What does it mean for you as an employer?
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Today, the Chancellor of the Exchequer has set out his Spring budget, and it addresses the key areas we expected. Crucially, the Chancellor reported that the Office for Budget Responsibility (OBR) has said that the UK will now not enter a technical recession this year. In this article, we break down today’s announcement and share […]
Managing your retirement
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Employers are increasingly moving towards greater flexibility for those who are in the years leading up to retirement; whether it is to support those who wish to combine work with other activities, phase their retirement or simply work longer. Increased life expectancy, better health amongst older people and inadequate pension provision are encouraging more people […]
Workers retiring earlier than in 1950, but not for long
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Despite fears of an increasingly high retirement age, we are actually retiring slightly earlier than 70 years ago. Data from the Department for Work and Pensions (DWP) shows that men retired around the age of 67 in 1950. This compares with the average age of 65 today. Both in 1950 and today, women retire around […]