Vive la Révolution!

The coalition government plans to phase out the default retirement age (DRA) by October 2011, and increase the state pension age to 66 too. The result? A quintessentially British, take-it-on-the-chin-old-chap type reaction. Yes, employers have pointed out scrapping the DRA means they have less control over managing their workforce. Yes, people looking ahead to their retirement have complained about another year before they can draw their pension. But on the whole, it has been quite a reserved affair, and some groups like Age UK have even welcomed the move, saying it prevents age discrimi...