Most UK workers now expect to retire at 62

The findings from a survey of workers between the ages of 35-55 show that most workers expect to retire at 62 years old, four years earlier than the state pension age of 66.

The report called ‘Providing for tomorrow today: understanding an ageing workforce’ was commissioned by law firm Osborne Clarke. It surveyed employees aged 35-55 working in seven industry sectors across the UK.

The report identifies workers’ current and future employment and retirement expectations and the impact these may have, not only on the shape of the future UK workforce, but also on employers in the industry sectors surveyed.

The report also covers:

Which are the most in-demand company benefits for employees
Employee financial confidence ahead of retirement, and
Skills gaps and training requirements.

STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.

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STM Group plc

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