Business
KPMG dumps retirement age rules for partners – The Australian Financial Review
Partners at consultant KPMG have voted abolish the firm’s retirement age of 58 from July 1 this year, in response to changing community and client expectations.
Partner expectations are also evolving, with more partners wanting to work longer. Community and client expectations are shifting too.
In considering our approach to the review of voluntary retirement provisions, fairness was an underlying principle, together with competitiveness to recruit and retain the best talent, and alignment to community expectations, she said.
The changes are in the best interests of both existing and future partners, and strengthen our firm over the long term.
Age-based…
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