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LATEST NEWS & EVENTS Planned changes to retirement laws receive welcome  Plans concerning the UK's retirement laws that were announced by the new work and pensions secretary have received a welcome. At the end of last month, Iain Duncan Smith noted that the government intends to phase out the default retirement age. In a move that was praised by Just Retirement, he stated that the age at which individuals can be forced to retire will be gradually increased in an effort to reduce the gap between people's needs in later life and their expected levels of income. At present, employers can make staff members retire once they reach 65 even if the individuals in question wish to remain in their roles. Responding to the comments made by Mr Duncan Smith, Just Retirement said they are positive. The organised remarked: "This move is fully justified in the light of increasing life expectancy but requires a broader review of the needs that will emerge if individuals work longer." Mr Duncan Smith assumed his current role in the government in the wake of the establishment of a coalition between the Conservatives and the Liberal Democrats. Posted by Mark Phillips 
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