A research survey into the effects of the recession on income and quality of life for local pensioners and retirees.
The Devon population is older than the national average with 25% over the age of 65, compared to 18% nationally. The county is ageing faster than the national average and by 2031 it is expected that over 65’s will comprise almost 30% of all residents.
Average weekly state pension payments are £148.50 whilst the total number receiving pensions in Devon has grown to nearly 200,000, over 25% of the population.