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Who will protect older workers in the UK?

As the recession continues to hit many areas of the UK business arena there are concerns that many older workers in the workforce could encounter a recession double whammy. Amid concerns that many older workers could be jettisoned as costs are cut and unemployment rises, there are fears they will be forced to take their pensions even though many pension funds have been decimated over the last 18 months.

Amid moves by the UK government to increase equality in the workplace it would appear that the older workers in the UK are well down the list of needy groups. While even those who have their own private pensions will struggle, there are serious concerns for those left to fend for themselves on the state pension. It is common knowledge that the state pension has reduced in real terms over the last few years and the spending power of many pensioners across the country has been severely impacted.

As we approach the next general election we may see some short-term benefits and incentives for older workers and pensioners in the UK although once their votes have been counted these promises very often fail to materialise. Who will look after the older generation in the UK after the recession is over?

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