Most employers are not geared up to manage an ageing workforce, despite the impending abolition of the Default Retirement Age (DRA) and the fact that a third of UK workers will be aged over 50 by 2020. The failure of UK business leaders to adapt to an ageing workforce and to invest in appropriate training and development is putting the future success of their businesses at risk, argues a report from the Chartered Institute of Personnel and Development (CIPD) and the Chartered Management Institute. The vast majority of respondents (93 per cent) see value in retaining the knowledge and experience...