Scrapping of compulsory retirement ages

Laura Cumming

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The Press has recently been full of reports about the working population having the freedom to work past 65 with a removal of compulsory retirement ages in the workplace. Strangely, everyone I speak to in their 40s and 50s is afraid that such a move will see them coerced into continuing to work “just for a few years more”, either by employers who failed to put in place succession planning or through their own fear of a depleting bank balance. In reality with dramatically falling pension assets will many individuals be able to take advantage of retirement and enjoy their new found freedom.

I can only assume that our 60+ workforce feel so young and vibrant these days that relaxation can wait? Even if just for a little while!!