Rising expenses from the cost-of-living crisis is the main factor driving retirees over 50 back to work, according to new data from the Office for National Statistics.
Just a tenth of the population holds 64% of total pension wealth in the UK, according to the latest figures from the Office for National Statistics.
Projections from the government's Office for National Statistics suggest that the rise in life expectancy over recent years is slowing down.
UK consumers over the age of 55 are less confident in being able to find a paid job than they were before the Coronavirus pandemic, according to new research.
More than half of the over 55s surveyed by Just Group did not believe they would be able to find a paid job, and only one in five who would like to work were confident they could find paid employment.
A new pension report from the Office for National Statistics says that people are living longer but many are not saving for retirement or not saving enough.