The number of pensioners has doubled in the 60 years since the Queen took the throne and 44 times as many people reach age 100.
Figures from the Department for Work and Pensions also showed people, on average, are living nearly a decade longer. There are 5.6 million more pensioners today than in 1952, rising from 6.8 million to 12.4 million. And there are about 13,120 more centenarians, an increase on 300 in 1952. The Queen has sent about 110,000 telegrams and messages to centenarians during her reign. Pensions minister Steve Webb said: "In the past 60 years we have seen man land on the moon, the fall of the Berlin Wall and the rise of the Internet and digital technology. Pensioners now make up 20% of the ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes