Default guidance needed to embolden consumer freedom

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

Guest blog: Dr Bonnie-Jeanne MacDonald, Dalhousie University – Replacing the replacement rate: How much is ‘enough’ retirement income?

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

Guest Blog: Ann Blaylock, University of Innsbruck Research Institute of Textile Chemistry and Textile Physics – The Future of Ageing: Textiles for an Ageing Society (TAGS)


This blog is one in a series of blogs on the Future of Ageing, published in the lead up to the ILC-UK Future of Ageing conference on the 24th November. To register to attend this conference, click here.


In the modern day, with the ever-increasing predominance of technology, it is easy to forget about the other elements that are fundamental to our daily lives and routine.

“Textiles…do you mean clothing?”

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