Are we really a nation of risk-taking retirees? Are we all destined to be high-octane octogenarians, jumping out of planes, shark diving, and playing fast and loose with our retirement income? A cursory glance at the figures would seem to suggest so: before pension freedoms were announced in 2014, around 90% of people used to buy an annuity to provide for retirement, exchanging the money built up in their pension for a guaranteed income for life. Now, only 12% of retirees do so. Continue reading
Taking the idea of intergenerational living more seriously could help ease some of the problems currently facing the young and old in the UK. Continue reading
Between November 2016 to February 2017, the ILC-UK gained national and international coverage for our work on the consumer economy, Defined Benefit pension schemes, longevity, and sexual relationships in later life.
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.
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
With many advanced economies pushing back against a globalised world, it will become even harder to afford welfare states in the age of ageing. Continue reading
Europeans are extremely lucky. Not only can they expect to live longer than most people born anywhere else in the world, they can also expect to enjoy most of their lives in relatively good health.
More than 120 million Europeans, the inhabitants of one of the wealthiest regions of the planet, still live in poverty.
In 2010, the European strategy for growth, Europe 2020, made reducing poverty and social exclusion one of its main goals. And yet, despite some recent progress, 1 in 4 people living in the EU28 still struggle to pay their rent, mortgage or utility bills; fail to keep their home adequately warm; cannot cope with unexpected expenses; do not manage to eat meat or proteins regularly; cannot afford to buy a TV, a washing machine, a car, or a telephone. Continue reading
This week’s #fridayfive takes evidence from a thinkpiece for ILC-UK by Dr Matt Flynn which explores what lessons UK policymakers might learn from pension policy in Hong Kong. Continue reading