Getting the most out of semi-retirement

More people than ever before in the UK are making the decision to retire early. Since the Covid-19 pandemic, there has been a significant uptick in the number of 50 to 64 year olds choosing to retire – a trend which has been noted by the House of Lords, prompting a report into the subsequent effect of shortages in the labour market.   

Although state pensions cannot be taken until the age of 66 (rising to 68 depending on a person’s date of birth), private pensions can be drawn from the age of 55. However, many people choose to ‘unretire’ – to retire from their career, but not to stop working altogether. Sometimes this is a purely financially driven decision; sometimes it’s because the person wants to carry on working in some capacity for other reasons. But whatever the motivating factor, semi-retirement is a growing trend amongst the older working population – and one that requires careful thought and consideration.  

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The 4 day working week – can it really work? 

The working week has started to look very different indeed. Increasingly, the traditional Monday to Friday commute to the office has been replaced by a variety of new set ups: homeworking, hybrid working, hot desking – the buzzword is ‘flexibility’. As younger generations enter the world of work, bringing with them new expectations, competition to secure the best people has meant that organisations who refuse to consider different approaches to working risk being left behind.  Continue reading “The 4 day working week – can it really work? ”