On Friday, 10th June 2016, Michelle McGagh delivered the following speech at the Second National Retirement Income Summit at the Chartered Insurance Institute. This one day summit was made possible through the support of the ILC-UK Partners Programme. Continue reading
In April 2016, ILC-UK and the Global Aging Institute hosted roundtable discussions in London and Brussels to consider what the UK, and Europe, can learn from different Asian countries’ responses to rapidly ageing societies; both events were supported by Prudential Plc. Continue reading
This week’s #fridayfive presents five key facts about the Government’s reforms to nursing bursaries.
The 2015 Comprehensive Spending Review (CSR) saw a fundamental change to health higher education funding. It was announced that the NHS nursing bursaries were going to be replaced with the normal student loan system, effective from the 1st August 2017. Last week London Economics published an independent analysis of the impact of the removal of NHS bursaries on prospective students. This in-depth report provides a strong rebuke to the Government’s case for replacing nursing bursaries with the student loan system. This blog will attempt to review both sides of the debate.
This week’s #fridayfive is taken from the recently published report by ONS on “Young People’s Wellbeing and Personal Finance”.
Life is full of change, both expected and unexpected, and while we are told to prepare for our material needs throughout life, our emotional and psychological wellbeing is often ignored.
Have the older generation benefited at the expense of the young?
As of last month, we have a new State Pension system which is expected to reduce pensioner poverty and raise low income levels, especially for women. Meanwhile, the Work and Pensions Committee is taking evidence on the question of Intergenerational Fairness – have the older generation benefited at the expense of the young?
For good reasons, young people have been the focus of the majority of initiatives aimed at increasing financial capability. Younger people have historically had lower understanding of financial issues than older people and there is quite rightly, a recognition of the value of starting young with basic numeracy skills.
There is much talk in recent months about the development of the silver economy. However, this concept is usually seen in a narrow sense as a market of goods and services for older adults and solutions for ageing workers (“silver market”).
This week (16th-22nd November) is the NHS’s Self Care Week. It is a yearly campaign to give advice about how individuals can make informed choices to take better care of their own health, with the implicit aim of relieving some of the pressures put on the NHS by unnecessary use of its services. Continue reading