Increase in pensioner numbers outpaces population growth

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The UK population above retirement age has grown faster than any other cohort over the last decade, the Office for National Statistics (ONS) reveals.

The number of over-65s in the UK hit 10.4 million according to the 2011 censes, which is 16% of the overall population of 63.2 million. The over-65 population increased from 9.4 million to 10.4 million from 2001 to 2011, a growth rate of 11%. This outstrips the average UK growth of 7% and the 8% for those aged 16-64. Barnett Waddingham consultant Malcolm McLean (pictured) said: "If these trends are to continue, as seems inevitable, the problems we are currently experiencing in the health service, with long-term care, in social services, and in providing and paying for pensions, will b...

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