1m workers aged over 65 ‘ are blocking UK’s career ladders’

older workers needing to retrain or learn new skills to stay in work.

Insurance group Canada Life quizzed 855 staff of all ages.

It found 42 per cent said flexible working was the most important benefit to older workers.

More part- time opportunities was important for 21 per cent and training was backed by 15 per cent.

Three in 10 employees agree there is a negative stigma surrounding older workers, with a further 12 per cent thinking an ageing workforce creates more problems than advantages. However, almost two- thirds of all staff questioned acknowledged that a workforce with a wide age range meant a wider set of skills were available.

Paul Avis, of Canada Life, said: “More people are working beyond 65 following the abolition of the default retirement age and the plans to raise the state pension age.

“This gives employers an opportunity to capitalise on the skills of two or even three generations within their workforce.

“Of course, this is not without its unique challenges. People’s needs and priorities change, so to keep the best staff employers need to offer benefits which appeal to the full cross- section of employees.”

When working beyond 65, 32 per cent saw critical illness cover as the most important workplace benefit, followed by life insurance and income protection.

Despite this, the research showed that 28 per cent of employees – equivalent to 8.8 million people – do not have any workplace benefits.

However this is down from 31 per cent last year, suggesting some bosses are taking advantage of a stronger economic situation to improve employee packages.

Anna Dixon, chief executive of the Centre for Ageing Better, said: “Employers must recognise the potential of older workers and create age- friendly workplaces.

“Recruiting and retaining older workers is critical to closing the jobs gap created by people leaving the workforce.

“Work contributes to a and healthier later life.

“It gives meaning and purpose, provides social contact and financial benefits and keeps people active.” happier Mind the gap... mature and young worker