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

Social Worker - Adoption Mid Essex

Essex County Council
£36124.0000 - £51834.0000 per annum
Social Worker - Adoption Mid EssexPermanent, Full Time - 37 hours per week£36,124 to £51,834 per annum Location
Recuriter: Essex County Council

Senior Social Worker - Learning Disability & Autism

Essex County Council
£48205.0000 - £57988.0000 per annum + Flexible Working, Hybrid Working
Senior Social Worker - Learning Disability & AutismPermanent, Full Time£48,205 to £57,988 per annumLocation
Recuriter: Essex County Council

Finance Officer - Income Collection

Essex County Council
£25959.0000 - £28621.0000 per annum
Finance Officer - Income CollectionFixed Term, Full Time£25,959 to £28,621 per annumLocation
Recuriter: Essex County Council

Democratic Services Officer

Essex County Council
£30295.0000 - £35641.0000 per annum
Democratic Services OfficerSecondment, Full Time£30,295 to £35,641 per annumLocation
Recuriter: Essex County Council

Democratic Services Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£47,730 - £57,837
Democratic Services Officer
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth
Linkedin Banner