Queen's Speech: Bill to phase out default retirement age

clock •

The Queen today confirmed the coalition government will legislate for the phasing out of the default retirement age (DRA) and set a timetable for raising the state pension age, depending on the outcome of a review.

The Queen said the government will also restore the link between earnings and the state pension. This applies to England, Scotland and Wales. It is understood the department for business - rather than the Department for Work and Pensions - will lead discussions on the DRA. EEF head of employment policy David Yeandle says he'd be "surprised" if Secretary of State for Business Vince Cable didn't take a view on the issue. He adds: "At the end of the day, I suppose it will come down to who wins the day when they [DWP and business ministers] are sat round the cabinet table." Yeandle ...

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 Regulation

Treasury Committee probes FCA leadership on whistleblower enquiry and Palantir relationship

Treasury Committee probes FCA leadership on whistleblower enquiry and Palantir relationship

Agentic AI a priority

Alex Sebastian
clock 13 October 2026 • 2 min read
FCA annual meeting dominated by whistleblower handling criticism

FCA annual meeting dominated by whistleblower handling criticism

After the death of Simon Andriesz

Alex Sebastian
clock 07 October 2026 • 3 min read
FCA secures money back for victims of £1.5m crypto fraud

FCA secures money back for victims of £1.5m crypto fraud

Obtains confiscation orders against Raymondip Bedi and Patrick Mavanga

Sophia Panayi
clock 28 September 2026 • 1 min read