There are two fundamental issues I want to highlight with regards to the defined benefit crisis: the measurement of liabilities, and what should be done to prevent promises being broken (and how best to spread the burden if they are). Continue reading
Wellbeing is a term that gets thrown around a lot. In some academic circles, it is used to describe happiness and life satisfaction. This definition has considerable uptake in the evaluations of programmes and services for older people.
When I was invited to contribute an article on “The Future of Ageing” for the International Longevity Centre I was delighted but challenged with my first question, ” Can I be honest?” Their response was affirmative Continue reading
After a lengthy inquiry, MPs on the Work and Pensions Select Committee have published their recommendations to tackle intergenerational fairness.
In short they suggest scrapping the triple lock on pensions and reviewing the winter fuel allowance. But are these measures the best way to promote fairness between the generations? Continue reading
In 2012, I suffered a spin class injury and used a fracture boot and crutches for several weeks. Back then I worked at the local Division of Ageing, which was on the second floor of a building in downtown, Port of Spain. There was no elevator, ramps or escalators. Continue reading
It has been long acknowledged that our population is ageing. Policy developments in adult social care in Great Britain have been influenced by this demographic change and along with this, service users now want greater choice and control over the care services they receive. Continue reading
The final earnings replacement rate – where 70% is often advocated as the ‘right’ target – has been a longstanding and widespread measure of retirement income adequacy. Financial planners use this benchmark, as do actuaries and other pension plan advisers, academics, and public policy analysts. Continue reading
As outlined by Professor Jane Elliott during the 2015 Future of Ageing conference the most important predictive factor for the development of dementia is age. However, of the over 800,000 people with dementia in the UK, in excess of 40,000 are aged under 65 years1. Continue reading
Longer life expectancy and the resulting ageing of the population is popularly seen as problematic, with a focus on the costs and problems involved. But having a longer life is good news for most people and such a major demographic shift creates opportunities to re-think attitudes and values to the benefit of us all. Continue reading
In 1842, the English social reformer Edwin Chadwick documented a 30-year discrepancy between the life expectancy of men in the poorest social classes and the gentry. He also found a North-South health divide with people from all social classes faring better in the rural South than in the industrial North. Continue reading