What are the benefits of flexible retirement?

It gives a member:

  • more time to spend with friends and family
  • more time to learn new skills that could help with the move into full retirement
  • the chance to take life easier, without giving up the structure and companionship of work
  • the chance to fill any gap in their earnings with their pension
  • the chance to adjust to retirement while still having a good standard of living.

It helps an employer with:

  • succession planning, by keeping skills which can be passed on to other staff
  • keeping staff which reduces the time and costs of recruitment and training
  • having more staff to cover busy periods
  • making the organisation a great place to work by prioritising a work life balance.