Ease retirement restrictions to beat skills shortages, urges report

Increasing flexibility in retirement could help employers retain corporate expertise and meet skills and labour shortages, according to a report by the DfEE.

The report, called Factors Affecting Retirement, says the UK is unique for targeting a large-scale programme such as the New Deal 50+ at older workers.

The report also shows that the UK is more advanced than other countries in the use of education campaigns to target employers.

The combination of skills shortages, low unemployment and an ageing population suggests that obstacles to older workers working for companies must be removed, the international report concludes.

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www.dfee.gov.uk

By Karen Higginbottom