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Article
25th June 2010
Retirement Confusion?
Many waited with baited breath to learn of the Goverment's budget announcements, which amongst others included the intention to increase the state pension age for men to 66; a change that may be in force by 2016.
Ian Naismith, of Scottish Widows, has praised this plan for its encourgement of planning for a longer working life.
Coninciding with the plan to abolish the default retirement age of 65, Ian is in favour of the "clear message that the government is acknowledging that everyone should be able to work for as long as they are able."
Dr Adam Marshall, from the British Chambers of Commerce, disagrees, and has said, "It is strange that the government has pledged to reduce the burden of employment law, while at the same time proposing to restrict businesses’ ability to manage their workforce by abolishing the default retirement age."
[Source: Recruiter 24-06-10]
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