To answer your question: No, age has no factor in a failed hydrostatic test. Either the tank passes the test or it doesn't. If in doubt, have it hydroed and VIPed... By another shop.
Luxfer issued a rebate plan for a small number of tanks manufactured out of an aluminium alloy that was unusual at the time. The affected tanks would have been manufactured from 1987 to 1988. The "new" alloy at the time was supposed to be more corrosion resistant. However, there was later a theory that, over long periods of time, the alloy would slowly lose structural integrity, and the "old" alloy was reused, and continues to this day.
In short, if you have a tank manufactured during this time (and it is very unlikely), then you could return the tank to Luxfer for a $50 rebate towards the purchase of a new Luxfer tank.
The bottom line is... Whatever the alloy is that your tanks are made of, if they pass hydro, use them.
Many shops took this as an excuse to "ban" all pre-1990's scuba tanks, probably in an effort to encourage sales. It's little more than a sales tactic. Only a limited run of one year of one manufacturer has ever been questioned, and even then not recalled.
FWIW, Luxfer claims to have seen no regular catastrophic failures of any of their tanks of any alloy... And no other manufacturer has ever used the questioned alloy.
If you have any doubt... Call Luxfer. They are at
Luxfer: Setting The Standard Worldwide