There was never a complete ban on transport flying at over 60 in the UK. The reg's changed from a retirement age of 65 to a gross wt restriction for captains of 20 tons. you could still command an aircraft of 20 tons or less, or be an F/O on anything up to 65. The restriction was removed a few years ago.
I agree that we should be able to fly in command up to any age, as long as we can pass a medical, especially two crew. Single crew already has an age 60 limit. This was imposed after a crash out of Leeds when a Navajio crashed killing half of the management from ICI.
You can still continue to fly at any age for both corporate and aerial work.