Brett Hill: Adapting to an ageing workforce

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By 2020, a third of Britain's workforce will be aged over 50 and so, writes Brett Hill, employers and insurers need to evolve and reassess how best to help older staff prolong their careers

According to the Institute of Employment Studies, there are currently 7.2 million workers aged 50 to 64 and, by 2020, one third of Britain's workforce will be aged over 50. Changes to the state pension age, the demise of final salary pension schemes, the economic environment and demographic shifts have all contributed towards employees retiring at a later age. Employers and health insurers have expressed concerns about the mismatch between what is being done in preparation for the rise in those numbers and the types of solutions currently on offer to support the needs of older employees....

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