1526th Edition: LawNewsIndex is a UK based Law,
Justice, Legislation & Rights related daily news & legal articles
archive brought to you by TheLawMap
FOCUS OF THE DAY: Partners are delaying retirement because of recent cuts in pension saving for high earners, creating a bottleneck at the senior end of the profession, according to research by accountants Smith & Williamson. Its 21st Annual Survey of the Professional Services Sector shows that more than half of the partners questioned expect a rise in the retirement age to affect opportunities for partner development and hence succession planning. The accountants also report that 90% of the 95 firms surveyed leave individual partners to organise their own retirement planning. Full story - New Law Journal
FOCUS OF THE DAY: Partners are delaying retirement because of recent cuts in pension saving for high earners, creating a bottleneck at the senior end of the profession, according to research by accountants Smith & Williamson. Its 21st Annual Survey of the Professional Services Sector shows that more than half of the partners questioned expect a rise in the retirement age to affect opportunities for partner development and hence succession planning. The accountants also report that 90% of the 95 firms surveyed leave individual partners to organise their own retirement planning. Full story - New Law Journal
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