ILC-UK has been a member of the Support Active Ageing Through Immunisation (SAATI) coalition since its formation in late 2011. SAATI is a voluntary working body, established with the intention of promoting the development of improved adult immunisation strategies and policies across Europe – a goal around which leading public health advocates coalesced; with SAATI membership drawn from various backgrounds, including: academics, patient group leads, healthy ageing specialists and industry experts. Continue reading
Former Cabinet Secretary Gus O’Donnell, who until recently was the most powerful civil servant in Britain, published a forthright attack on politicians in the latest issue of Political Quarterly. In so doing, he also sought to undermine some of the key principles of liberal democracy, by placing policy-making power in the hands of independent commissions – drawn mainly from the private sector – rather than the public’s elected representatives.
FINDINGS 4: FINANCIAL DIMENSIONS OF WELLBEING IN OLD AGE
Using a major international dataset – the World Values Survey – this blog presents preliminary findings about levels of self-reported financial satisfaction. Analysing data from 56 countries over six continents, these findings throw new light on levels of financial satisfaction within and between countries. We plan further detailed analysis that will be of use to both international practitioners and policy-makers alike.
The collaboration between ILC-UK and the Personal Finance Research Centre (funded by the ESRC) is now in full swing and has been producing results from several data sources. The project looks at financial dimensions of wellbeing and wider quality of life measures in older age. It began in earnest earlier this year and we have presented our work at several national and international conferences, as well as publishing our results widely . This is the fourth in a series of blogs to highlight emerging findings from the research. Continue reading
Since 2010 Aviva have annually produced a quarterly Real Retirement Report with this year’s Autumn edition published in October. The focus of the Autumn 2013 Real Retirement Report was to delve into the financial attitudes of those 55 and over to tease out an understanding of what constitutes a happy and secure retirement. The report also sets out a detailed overview of the financial patterns of older people and the wider fiscal context.
In a recent study we found that age discrimination was the most common type of discrimination reported by older adults, followed by discrimination due to gender and financial status. While this finding might not come as a surprise to some, what our study does do is highlight that age discrimination remains both prevalent and a very real problem for society.
Analysis of data from the Fifth Wave of the English Longitudinal Study of Ageing (ELSA) indicated that approximately one in three men and women aged 52 and older experienced age discrimination, with rates increasing to 36.8% among respondents aged 65 and over (1). Those most at risk were older, male, retired, had higher levels of education, and lower levels of wealth. Studies using data from the European Union have also shown that age discrimination is experienced by many older adults. On average 26% of European citizens over 62 years old have experienced discrimination due to their age, with over one in ten frequently experiencing discrimination (2, 3). Continue reading
The number of grandparents who contribute to the cost of their grandchildren’s university education is expected to rocket in the next decade, says study from International Longevity Centre-UK (ILC-UK) today. 
While 3% of grandparents have already contributed to the cost of their grandchildren’s university experience, the percentage is expected to shoot up to 13% over the next 10 years. The majority of grandparents said they would dip into savings to support their grandchildren and a small number said they would use investments or property wealth. Continue reading
With many OECD countries raising the statutory pension age to cope with increasing fiscal demands from increased life expectancy, the question of whether this extension of working life is good or bad for health is a hot research topic. One of the key problems of research on this topic is that it is hard to identify a causal effect of increasing retirement age on health and mortality. We cannot directly compare the illness and mortality rates of people who retire at different ages, as the reasons why they retire may depend on their health and related factors. So it is hard to separate out the effect of retirement age on health and mortality, when retirement itself is affected by a person’s health. Continue reading
The Department for Work & Pensions (DWP) recently revealed that fewer than one in 10 workers are choosing to opt-out of the automatic enrolment process.
For the 450 large employers and 200,000+ employees that have already chosen The People’s Pension as their automatic enrolment provider the opt-out numbers were even better. Just 6.8% of employees have opted out overall and some company’s, for instance Rentokil Initial, have boasted opt-out rates as low as 4%. Continue reading
The publication of new research this week has highlighted powerfully that more attention is needed on the housing needs of the elderly.
Top of the Ladder, a new study by Demos, states that there are 3.5 million over 60s who are interested in buying a retirement property, and those interested in downsizing have the funds to do it – they are sitting on £400 billion worth of property. Continue reading
When internet dating first took off during the 1990s, it was predominately younger people that began to pursue this new avenue for romantic liaisons. Older people are now however taking to cyberspace dating with aplomb, and in ever-increasing numbers. Indeed, a plethora of dating websites devoted to older users have sprung up in recent years to service this burgeoning category of the market – with some of the more popular sites including: Fifty Already, UK Mature Dating and Over 50s. Continue reading