Tag: over 65s

ONS: More over-65s opting to work

ONS: More over-65s opting to work

A report by the Office for National Statistics (ONS) has today revealed the number of people aged 65 and over in employment has doubled in the last decade. According to the ONS, the number of over 65s still in work has risen by almost half a million in the last 10 years. Approximately 412,000 people [...]

March 2, 2011 | 0 Comments More
Over 65s free to work on from April

Over 65s free to work on from April

The Government has confirmed that the Default Retirement Age (DRA) is to be phased out this year, the BBC has reported. The move will allow the over 65s “the freedom to work for longer”, while at the same time providing a boost to the UK economy. The change means that from 6th April 2011, employers [...]

January 13, 2011 | 0 Comments More
Travel insurance hiked by 174% for older travellers

Travel insurance hiked by 174% for older travellers

Insurers need to “change their approach” to older travellers, moneysupermarket.com claimed this week. A spokesperson for the price comparison site made the comment after research found that British travellers can see travel insurance premiums more than double after their 65th birthday. Multi-trip policies in Europe increase by up to 174% for travellers aged 65 or [...]

March 10, 2010 | 0 Comments More
Calls for over-65s to keep working

Calls for over-65s to keep working

The Equality and Human Rights Commission is supporting plans to let the over 65s continue working. Earlier this month, minister for Women and Equality, Harriet Harman, announced a major shake-up in the retirement law which will see workers no longer forced to retire at 65. Miss Harman believes a radical change in the law is [...]

January 25, 2010 | 0 Comments More
Post Office launches ‘gap year gatecrasher’ insurance

Post Office launches ‘gap year gatecrasher’ insurance

The Post Office this week launched travel insurance for “gap year gatecrashers”. The insurance, aimed at over-65s who want to travel overseas on a regular basis, provides year-round, multi-trip cover. The upper age limit of the cover is 74, and policyholders can choose to add optional extras including extended baggage, excess waiver, and golf cover. [...]

September 8, 2009 | 0 Comments More
Aim to retire debt-free, MAT advises

Aim to retire debt-free, MAT advises

Brits approaching retirement should do their utmost to pay off debts before they leave employment, a consumer advice charity warned this week. Anyone aged over-50 should strive to pay off debts as soon as possible to ensure they have a comfortable retirement, the Money Advice Trust (MAT) said. The MAT made the remarks following reports [...]

September 2, 2009 | 1 Comment More