Removal of the Default Retirement Age (DRA)


Good news for group risk

The government has confirmed its intention to remove the DRA completely. This begins on 6 April 2011 and the DRA will be fully abolished on 1 October 2011.

The good news for the group risk industry is that insured group risk benefits have an important exemption from the principle of equal treatment on the grounds of age and can still use an upper age limit.

click on the following Canda Life article for the detail………..Default Retirement Age-Jan 2011

Written by Jeremy Jukes | Associate Director

Ex semi-professional footballer Jeremy joined Mantle Financial Planning in 2008 after many successful years with Aegon. Read more >>

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