Work till you drop will "undoubtedly happen" - Turner

Speaking in an interview with Sky news yesterday, Turner said the retirement age will have to increase as part of an overall plan to plug a £27m UK pensions black hole. He says an increase in the average age of a pensioner will "undoubtedly happen" and is already happening with people working longer, adding the important question is when they receive the state pension? He said: “If you look at the ratio of people aged over 65 to those aged 20-65, that ratio will something like double by 2040 and when that happens there are only a small number of things we can do about it.” Turner argu...