Following the recent abolition of the Default Retirement Age (DRA), and not withstanding the complications of the Seldon judgement recently, a question that many employers are asking me is when benefits such as Life and Income Protection should now cease.
Whilst there is an exemption allowing employers to withdraw benefits for older workers, it does not necessarily follow that it makes good business sense to stop benefits just because someone has passed what was previously considered retirement age. The attached article looks at this issue, and my thoughts are in the grey box at the bottom of the piece:
I hope this is of some use to those struggling with this issue.
Best regards
Steve
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