Businesses wishing to impose a retirement age may be able to do so, even if setting the limit at a slightly higher age could achieve the same aims and be less discriminatory.
Retirement issues for employers are an integral part of human resources planning. On this page you can access a range of articles, books and online resources providing quick links to guidance, updates and background information.
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- Legal Alert
- Online articles
- Useful links
- Articles and books in the Library collection
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Employee reward structures
(Spiramus Press, 2017)
A guide to the tax treatment of executive reward packages, with sections on registered pension schemes, employer-financed retirement benefit schemes and employee benefit trusts.
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Don't worry - someone will give me a nudge if I doze off
People Management, November 2014, p.40-44
Retirement is just a state of mind nowadays - what can businesses do to help older workers?
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Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.
Employers should take care to minimise the risk of potential age discrimination claims by not discussing an employee's age and possible retirement unless justified in the circumstances. Legal Alert, April 2013.
It may technically be possible for employers to justify a retirement age, but they may be taking a major risk in so doing, in the light of two Supreme Court rulings on age discrimination. Legal Alert, June 2012.
Retention plan: Carriers get creative to keep employees happy
Article reporting on the efforts made by insurance companies to retain employees. It mentions the use of basic fringe benefits such as health insurance and retirement plans, flexibility in work time and space, and career development services.
Drawdown strategies on retirement income gain attention in UK
The UK pension industry is investigating ways to improve drawdown strategies for defined contribution pension plans. Currently pension plan sponsors face record-keeping and administration issues, while there are cost implications for plan participants. Article gives viewpoints from the National Employment Savings Trust (NEST) and UK pension plan managers.
Managing your wealth after you make it to retirement
With some people now living as long as 30 years past retirement, this article discusses how best to manage your money. Includes tips on when to retire, investment strategy and budgeting.
Expenses and benefits: Retirement benefit schemes (GOV.UK)
Guidance on an employer's tax and reporting obligations.
Information on employees'rights, how employers should approach discussing retirement, and answers to frequently asked questions.
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