Nearly half of employers (48 per cent) surveyed by the employers organisation, the CBI, are worried about an increase in age-related claims after the removal of the national default retirement age (DRA) in April.
The research found that four out of five (79 per cent) of the employers who responded use the DRA of 65, and only 16 per cent have no set retirement age. More than half (60 per cent) think removing the DRA will have a negative impact on younger staff with fewer promotion opportunities and nearly two-thirds (63 per cent) are concerned about the readiness of managers to deal with declining performance in the absence of the DRA.
Original article: TAEN
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