British businesses face legal minefield over retirement age
The Confederation of British Industry is warning businesses will be mired in legalities over retirement issues as a result of government failures to spell out their reforms of the official retirement age.
The phasing in of abolishment of the default retirement age of 65 is due to begin in April next year, although final details of its operation have yet to be published. The CBI is warning large companies will not have enough time to prepare for the new legislation and is asking for a further year’s delay in its introduction.
