Q&A: Retirement rules and you

Image caption, Football manager Sir Alex Ferguson is still working aged 69
  • Author, Kevin Peachey
  • Role, Personal finance reporter, 91热爆 News

The UK government has scrapped the default retirement age of 65 from October 2011.

Campaigners have welcomed the move, which would mean that employers could no longer dismiss staff just because they reached the age of 65.

But some businesses say that it would add to employers' costs and make it hard to get rid of staff who were past their best.

So what do the changes mean for you?