80% Favour Scrapping Mandatory Retirement Age
A global survey reveals attitudes to retirement
11th May 2005
A global survey of 11,000 people has revealed 'the future of retirement' according to the commissioning bank HSBC.
Amongst the findings of the survey was a figure of 80% who favoured scrapping the retirement age and allowing people to continue working as long as they want. In light of the looming pension crisis, this will be welcome news to governments around the world, faced with reform of pension provision.
The survey also found that 3 out of 4 accepted that work would be a part of later life, with the majority favouring a 'retirement' consisting of a mix of work, leisure, learning and rest.
Read More: HSBC Press Release
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