The biggest argument against increasing the state pension age has been because it impacts the poorest most IE those whose only source of income when they give up work is from the state. This is further exacerbated by the fact that these very same groups are less likely to experience as great an improvement in life expectancy as the rest of the population. Traditionally women have retired at 60 and men at 65 which means couples are able to enjoy retirement together from as young as 65. In the future,with the equalisation of state pension age at 66, this will mean for many couples, where the women are often younger, it might be 69 or 70 before they retire together as a couple.
This provides opportunities for services targeting the men who may be at home for several years while their wife works ie a reversal of the current position. It also suggests that employers need to consider providng sabbaticals/gap years/flexible options/ R and R, for people so that they can refresh and enjoy time off together long before they're both in their 70s.
About Me
- Judith Cork
- I am a business consultant with expertise in business ethics and the over fifties market (the "grey" areas!) I've called this blogspot "business in the buff" because transparency and fair treatment of stakeholders are key to engendering ethical behaviours in organisations.I believe that "everyday business ethics" produces better decisions and better outcomes. By developing business reputation you can build trust, by building relationship and opportunities with stakeholders you can boost value. My services include business ethics' audits,coaching, team debates,workshops and projects. I can listen and provide you with professional, practical and confident questioning with your business issues central to the exercise. My values are based on a strong belief that people come first, a firm commitment to customer focus and a personal affinity to business models which promote sustainable profitability. www.judithcork.co.uk