There are two fundamental issues I want to highlight with regards to the defined benefit crisis: the measurement of liabilities, and what should be done to prevent promises being broken (and how best to spread the burden if they are). Continue reading
After a lengthy inquiry, MPs on the Work and Pensions Select Committee have published their recommendations to tackle intergenerational fairness.
In short they suggest scrapping the triple lock on pensions and reviewing the winter fuel allowance. But are these measures the best way to promote fairness between the generations? Continue reading
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
As outlined by Professor Jane Elliott during the 2015 Future of Ageing conference the most important predictive factor for the development of dementia is age. However, of the over 800,000 people with dementia in the UK, in excess of 40,000 are aged under 65 years1. Continue reading
As growth in the UK’s working age population slows, the role of education in driving forward productivity becomes increasingly important. Continue reading
The Ready for Ageing Alliance came together in 2013 following the publication of the House of Lords Committee Report by the Public Service and Demographic Change Committee. Continue reading
On Monday, 18th July we launched ‘The state of the nation’s housing: An ILC-UK Factpack’, supported by FirstPort.
An age-shift is underway in society. People are living longer but we haven’t yet fully woken up to the value of older adults. Just check out the language often used to talk to or about older people – demeaning and diminishing words and phrases that reinforce ignorance and institutional ageist attitudes. Continue reading
For many years ageist attitudes and behaviours have gone unchallenged in the UK. With Brexit deepening the generational divide and triggering an outpouring of ageist vitriol, the need to tackle age discrimination is now more urgent than ever before.
This week’s #fridayfive is on migration. Continue reading