It is common knowledge that people aged over 65 are encouraged to have a seasonal flu vaccine and each year approximately 70% do (PHE 2018). The burden of influenza in this population is great; Continue reading
This blog explores the contemporary relevance of the concept of class and explores whether class is still a useful tool to analyse socio-economic inequality, or voting behaviour, or if it now holds a different meaning in society.
I don’t know about you, but personally I have come full circle with scaremonger stories about how at risk from robots my job is. At first, the headlines were highly disconcerting. Continue reading
Will an increase in health spending, at the expense of other forms of social expenditure adversely affect health? New ILC-UK analysis shows that social spending is positively associated with increase life expectancy and curtailing investment may undermine efforts to improve the nation’s health.
With Poundworld going into administration, and the announced closure of two-fifths of House of Fraser’s shops, it is clearer than ever that the face of our high streets is changing. Older consumers have powerful spending potential but this frequently goes untapped; steps need to be taken to ensure that the market is properly catering to the grey shopper. Continue reading
While the level of overall health spending is by no means the only determinant of life expectancy, our analysis suggests it has been an important factor in the last 20 years.
The retirement income market has undergone profound changes due to “pension freedoms”. Since its introduction, the ILC-UK has been at the forefront of understanding the potential consumer risks and opportunities associated with the reform. In this special extended blog, Ben Franklin, Head of Economics of Ageing, takes stock of where we are and proposes further reform to embolden consumer freedom through embedding informed decision making at the point of retirement. He argues that a critical first step to achieving this aim will be default financial guidance. Continue reading
Redefining old age as the last 15 years of life would largely solve the ageing problem across the world
A few weeks ago we explored how redefining old age as the last 15 years of life (prospective measure) would change the shape of the dependency ratio for the UK. Continue reading
Stagnant productivity growth and lower migration will put greater emphasis on older workers to do the heavy economic lifting but this won’t resolve our economic malaise
It is no secret that the UK’s productivity performance is dire. But it’s worth underscoring just how dire with a few numbers. Continue reading
Reorienting society and public policy to define “old age” as the last 15 years of life could largely solve the “ageing problem”
Many of us, including yours truly, typically define working age as the years between 16 and 64 and old age as anything over the age of 65. Continue reading