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Older people 'want to stay in work' PDF Print E-mail
Older people 'want to stay in work'Many people aged 50-plus plan to stay in their jobs beyond the age of 65, a new poll has found.

Research by MGM Advantage found that about one in four over-55s are planning to work beyond the default retirement age.

The study identified various reasons for this, such as financial necessity and a lifestyle choice to stay in employment.

MGM Advantage has therefore backed recent calls for the default retirement age to be abolished.

Craig Fazzini-Jones, director of MGM Advantage, commented: "Increased flexibility can only be a good thing and removing the retirement age is one way."

The House of Lords is currently considering scrapping the default retirement age as part of an amendment to the government's Equality Bill.

Business groups have issued a mixed response to the idea, with the Forum of Private Business arguing that the existing system works perfectly well and should not be changed.

By contrast, the Federation of Small Businesses has said most of its members back the abolition of the default retirement age.

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