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Succession crisis looms with 650k+ UK company directors past retirement age

News Team, 11/12/2023

Around 674,000 company directors are aged at the UK state retirement age of 67 or older, according to research by Bowmore Financial Planning.

With a total of 5,213,416 total companies on the UK register as of September 2023, this means that more than 10 percent of companies have a director at or above the national retirement age.

The research also showed that 109,000 company directors are aged over 80 and 12,000 are ag...


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