herald

Wednesday 19 September 2018

Pensions warning

EMPLOYERS have been warned there could be financial consequences if they fail to prepare for retirement age changes.

The State age changes from 65 to 66 this year, moves up to 67 in 2021 and to 68 in 2028.

Employers may find they have workers who are due to retire but will not get the benefits they expected, said the Retirement Planning Council.

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