UK - An increase in the state pension age to 67 years would cost the industry more than £4bn per year in additional absenteeism cost by 2025, according to research from Cass Business School.
That £4bn cost was based on absenteeism figures alone, the report found, and did not factor in declining productivity of workers as they aged or the additional costs from increased numbers claiming...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
