Retirement age abolition will cause benefit issues — agediscrimination.info

Employers must formalise their flexible retirement policies ahead of the abolition of the default retirement age or risk breaching age discrimination laws, JLT Benefit Solutions warns.

The consultant said client research revealed the majority of sponsors and schemes remain unprepared for the consequences of the DRA removal, set for April 2011.

JLT Benefit Solutions head of technical services John Wilson explained the number of people working over the age of 65 would create benefit headaches for bosses.