Our daily roundup of retirement news your clients may be thinking about.

Retirement-age probe could affect firms: Business of law The American Institute of Certified Public Accountants has urged the Equal Employment Opportunity Commission to halt its investigation aimed at determining whether Deloitte's mandatory retirement rules go against federal employment law, according to this article on Businessweek. The outcome of the probe could have a serious impact on law firms that impose mandatory retirement ages on their partners. The EEOC might rule that firms calling themselves partnerships are not to be considered "an old-style partnership of three or four members,” a decision that would make these firms liable under the Age Discrimination in Employment Act.  --Businessweek

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access