Will you still use me when I'm 64

clock •

The Government has blueprinted its plans to set the retirement age at 65 and implement it by 2006.

This forms part of a new European Employment Directive unveiled by Trade and Industry secretary Patricia Hewitt, and Work and Pensions secretary Alan Johnson. Proposals also set out to curb age discrimination in the workplace and in vocational training, as well as establishing the right for employees to request working beyond a compulsory retirement age, which employers will have a duty to consider. The Government says it will conduct a formal review again five years after implementation, after keeping a close watch on the appropriateness of keeping a retirement age. At present, emplo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers urged to rethink role of traditional diversification

Advisers urged to rethink role of traditional diversification

Milliman publishes whitepaper

Sophia Panayi
clock 29 September 2026 • 2 min read

Active ETFs, ESG and the retirement advice challenge

Sarasin & Partners portfolio manager Ben Gilbert joins PA in the studio

Isabel Baxter
clock 05 June 2026 • 1 min read
Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read