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Age 60 is turning out to be the new 40, according to business minister Pat McFadden, who said that older people are bringing in skills and experience which can be an asset to companies.
Recruitment Today reported that Mr McFadden said as the UK continues to invest in growth, the skills of the older generation should be harnessed just as much as those offered by younger people.
The minister told sales recruitment hopefuls that businesses should be looking to take on older people, as the rewards "could be significant".
George Magnus, senior economic adviser at UBS, told the source that the UK needs to "reboot" its ideas about how it adapts to ageing.
"No one is suggesting people should be compelled to work in their 70s, but many do want to do just that and this could have many advantages - not least in their own financial and psychological wellbeing," he added.
A new survey published by the Equality and Human Rights Commission showed that 62 per cent of women and 59 per cent of men aged between 50 and 75 said they want to work beyond the default retirement age.
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Posted by John Oak
04/02/2010
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