Financial services sector faces high risk of age discrimination claims

'Godfather of retail' case could be the start of many such actions

30 Apr 2015

The financial services sector could be at a higher risk of age discrimination claims from former staff, according to a commercial law firm.

London and Milton Keynes-based EMW makes the claim after data from the Department for Work and Pensions, Department for Business, Innovation, and Skills, and the Office of National Statistics showed that 22 per cent of financial services workers are aged over 50, compared to an average of 29 per cent of workers across the UK workforce as a whole.

EMW explains that disgruntled former employees or rejected job applicants may potentially use these statistics in a tribunal case, in an attempt to prove that older staff we...

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