Compulsory retirement at 65 abolished

Home / News / Compulsory retirement at 65 abolished

Compulsory retirement at 65 abolished

Lifetime news

Posted on: 07/12/2011

New legislation has stopped employers from compulsorily retiring workers once they reach age 65.

The legislation became effective from April 2011.

Employers will not be able to ask their workers to leave on grounds of age. Any dismissal must be objectively justified.

I think most people would agree that this is great news. To have the option of continuing work at age 65 adds another element to retirement planning and to be honest, it’s long overdue.

If you are interest you can read more by clicking on the below link to the BBC website.

http://www.bbc.co.uk/news/business-15127835

Are you ready to start your
financial journey?