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

Transport and Major Work Manager

Slough Borough Council
£54,556 to £60,085 per year Inclusive of Local Weighting Allowance of £1096
Drive the future of transport and infrastructure in Slough Slough, Berkshire
Recuriter: Slough Borough Council

Support Services Officer - Bereavement

Durham County Council
Grade 5 £26,403 - £28,598 (Pay award pending)
A rewarding opportunity has arisen to join our Bereavement Services team as a Support Services Officer, providing vital support to members of the publ Durham
Recuriter: Durham County Council

Lecturer in Foundation Learning (Maths, English and Digital)

Durham County Council
Grade 9
Durham County Council
Recuriter: Durham County Council

Sessional Learning Delivery Assistant

Durham County Council
Grade 7
Durham County Council
Recuriter: Durham County Council

Residential Workers - Maple House

Durham County Council
Grade 7 £30,024 - £33,699
Residential Workers 2x Full Time 37 Hour Post 1x Part Time 18.5 Post Salary
Recuriter: Durham County Council
Linkedin Banner