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| Workers delaying retirement, ONS figures show |
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 Figures from the Office of National Statistics (ONS) show that the average age of retirement has increased between 2004 and 2010.PA's in London and other professionals are finishing work at 64.6 years for men and 62.3 years for women, the figures show. Back in 2004, men retired at the average age of 63.8 years and women at 61.2 years. The figures also revealed that many people approaching retirement are working part-time. Almost nine per cent of all women of state pension age are working part-time and 7.3 per cent of men at this age are working part-time jobs. When the government increases the state pension age, the ONS figures will also likely increase. Joanne Segers, chief executive of the National Association of Pension Funds, said that it is "logical" that people will have to work longer as they are living longer. "These figures show that clocking on for longer is becoming part of our way of thinking," he added. "But that doesn't mean the end of retirement. People should not have to work until they drop." Posted by Daniel Frost 
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