Mark Whitehead 26 July 2017

One in seven believe they’ll be exempt from council tax after retirement, survey reveals

Many people facing retirement have unrealistic expectations of the discounts and subsidies they will be entitled to, according insurance company Aviva.

It found one in seven UK adults in a survey thought they would not have to pay council tax and would receive social care or be looked after in a care home for free once retired.

One in four believed rail travel and glasses were free for retirees, while others expected to receive broadband, water rates and pet insurance without cost.

Alistair McQueen, head of savings and retirement at Aviva, said: 'Older generations benefit from a range of discounted or free products and services, but our research suggests many people expect these to be more generous than they actually are.

'Consumers leaning too heavily on incorrect assumptions about subsidies and discounts may be in for an unpleasant surprise when the financial realities of retirement finally dawn.'

SIGN UP
For your free daily news bulletin
Highways jobs

Corporate Director Community Development

North Yorkshire Council
£145,894 to £169,693 plus relocation support
North Yorkshire Council is entering an exciting new phase of transformation, growth and opportunity. Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Functional Family Therapy Practitioner

Cheshire East Council
£43,149 - £49,658
Do you want to be part of an innovative service that delivers evidence-based interventions and helps families thrive? Macclesfield, Cheshire
Recuriter: Cheshire East Council

Director of Adult Social Care

Nottingham City Council
£101,636 - £112,285 per annum (SLMG1)
As a key member of the Directorate Leadership Team, you will provide visible and effective leadership Nottinghamshire
Recuriter: Nottingham City Council

Director of Adults Service Development

Nottingham City Council
£101,636 - £112,285 per annum (SLMG 1)
This is a strategic improvement and assurance leadership role focused on driving the Adults Social Care improvement journey Nottingham, Nottinghamshire
Recuriter: Nottingham City Council

Adult Social Care and Commissioning Director Roles

Nottingham City Council
£101,636 - £112,285 per annum (SLMG 1)
This is an exciting time to join Nottingham City Council and help shape the future of Adult Social Care for the city.  Nottingham, Nottinghamshire
Recuriter: Nottingham City Council
Linkedin Banner