EVENTS:

Economics of Age,Equality and Human Rights,Future of Age,Intergenerational

Wednesday, 22nd March 2017; 17:00 (for 17:30) - 19:30, Committee Room G, House of Lords, Palace of Westminster, SW1A 0PW. Chair by Baroness Sally Greengross OBE

Confirmed speakers include: Andrew Harrop, General Secretary, Fabian SocietyDr Stuart Fox, Wiserd, Cardiff University; Professor Phil Cowley, Professor of Politics, Queen Mary University of London;               Dr Jeannie Bristow, Senior Sociology and Social Policy Lecturer, Canterbury Christ Church University;     Dr James Sloam, Reader in Politics and International Relations, Royal Holloway, University of London;     Dr Andrew Mycock, Reader in Politics, University of HuddersfieldAbby Tomlinson, Host of Westminster Abby and Co-Founder of the Milifandom and David Eaton, Policy and Public Affairs OfficerILC-UK.

Recent elections and referenda in the UK have implied a growing intergenerational divide. Older people have voted in larger proportions than younger cohorts leading to vocal concerns from journalists, politicians, and academics that older people are having an increasingly dominant impact on UK politics.

The public debate is getting angrier. The argument goes that older people are benefitting while younger people are finding themselves increasingly politically and socially excluded. Following the EU referendum, The Independent ran a story “How old people have screwed over the younger generation”. Huffington Post ran another under the headline “Young ‘Screwed By Older Generations”.

But how real is this intergenerational divide? During this debate we will explore whether, and how policy can best respond. We will explore:

  • Why are younger people poorly engaged in elections?
  • What does an ageing society mean for the future of participation by younger people?
  • What are the policy solutions: How can we get young people more engaged in elections?

If you are interested in attending this event, please write to events@ilcuk.org.uk

Care,Communities and Housing,Economics of Age,Future of Age,Health,Intergenerational,Pensions,Quality of Life,Work and Retirement

Thursday 17th March 2016; 14:30 - 16:30; House of Lords, Westminster, London

We held an event to debate the impact of the 2016 Budget on the Future of Retirement Incomes. The debate, chaired by Baroness Sally Greengross and supported by the International Longevity Centre –UK’s (ILC-UK) Partners Programme, took place ahead of our Second Retirement Income Summit on 10th June and will feed into ILC-UK’s plans for the event.

Following the Government’s Comprehensive Spending Review in November 2015, Chancellor George Osbourne will deliver the second Budget of this Parliament’s Conservative majority Government on Wednesday 16th March 2016.

During the ILC-UK organised debate, we presented our initial analysis of the Budget, looking beyond the immediate ‘winners and losers’ commentary to consider whether the long-term challenges of low productivity, systemic under saving by private individuals and the critical underfunding of adult social care are being addressed. Ben Franklin, Head of Economics of an Ageing Society at ILC-UK presented the analysis, and was on hand to answer any questions delegates had. We also heard from Chris Noon, Partner at Hymans Robertson, and Laurence Baxter, Head of Policy & Research at The Chartered Insurance Institute (CII).

The 2015 Budget and the Comprehensive Spending Review confounded expectations through revealing a revised projected increase of public finance provisions of £27 billion by 2020 thereby enabling the Government to halt proposed tax credit cuts. It also saw the Chancellor stick to his promise of maintaining real terms spending on health, schools and defence while further cutting local government coffers. The 2016 Budget will undoubtedly contain its own surprises, including an anticipated announcement regarding the future of pensions tax relief just one year on from “pension freedoms”.


For more information about the ILC-UK Partners Programme, please click on the below hyperlink:
ILC-UK PARTNERS PROGRAMME

Members of the ILC-UK Partners Programme are Anchor, Audley, Aviva, Equiniti, Hymans Robertson, Legal & General, Partnership, Prudential and Retirement Advantage.

 

Please see below for Ben Franklin's presentations slides from the event.

 
Future of Age,Intergenerational,Longevity

Thursday 17th July; LG001 – Auditorium, Cass Business School, 106 Bunhill Row, London EC1Y 8TZ; 16:00 (for a 16:30 start) – 18:30

Throughout 2014, ILC-UK, supported by specialist insurance company, Partnership Assurance Group plc, is undertaking a series of events to explore the relationship between our changing demography and public policy.

The fourth event in this 'Population Patterns Seminar Series' considered the findings of our ‘Factpack’ of UK demographic statistics.

We all know that people are living longer but how is that likely to change our society? How will pensions be affected? How will we care for our growing older society when the traditional “working age” population is shrinking?

These types of debates are increasingly being played out in the media and in political circles but in order for such debates to be productive, they have to be well informed.

ILC-UK believes its 2014 ‘Factpack’ will support this process by highlighting the most recent evidence of our rapidly ageing society. Not only does it provide statistics on a range of critical topics from life expectancy to housing supply; and pensions to long-term care, it also includes a special focus on the current and potential future state of pensioner poverty.

The event was chaired by Baroness Sally Greengross (ILC-UK) with a welcome from Steve Haberman (Dean of the Cass Business School). We were delighted that Gregg McClymont MP, Shadow Minister (Work and Pensions), spoke at at the launch event. We also heard presentations from Professor Les Mayhew (Professor of Statistics, Cass Business School), Steve Groves (Chief Executive of Partnership), Ben Franklin (Research Fellow at ILC-UK) and a response from Tom Younger of the Department for Work and Pensions.

During the discussion we explored:

  • How the UK’s demography has changed since the release of the 2013 Factpack and how it might change in the future,
  • How demographic change is reshaping our society,
  • The challenge of pensioner poverty,
  • Regional variations in the experiences of older people,
  • How policy makers should respond to these findings.

Agenda
16:00 - 16:30 Registration
16:30 - 16:35 Welcome by Chair, Baroness Sally Greengross (ILC-UK)
16:35 - 16:40 Welcome by the Dean of Cass Business School, Professor Stete Habberman
16:40 - 16:50 Presentation from Richard Willets (Partnership)
16:50 - 17:10 Presentation from Gregg McClymont MP (Shadow Minister for Work and Pensions)
17:10 - 17:20 Presentation from Ben Franklin (ILC-UK)
17:20 - 17:30 Presentation from Professor Les Mayhew (Cass Business School)
Presentation
17:30 - 17:35 Response from Tom Younger (Department for Work and Pensions)
17:35 - 18:25 Discussion/Q&A
18:25 - 18:30 Close by Chair, Baroness Sally Greengross (ILC-UK)
18:30 - 19:15 Drinks reception


Presentation slides from the event are available to view here:

Intergenerational

Tuesday 15th October 2013. 12:30 (for 13:00 start) to 14:30. Atlee Room, House of Lords, Westminster

A formal lunch in the House of Lords during which we explored the role grandparental giving is playing in supporting younger people through University.

Over lunch we discussed new research by ILC-UK, supported by Key Retirement Solutions and Partnership, which set out:

  • What is the wealth of grandparents?
  • How much grandparents are giving to their grandchildren?
  • What proportion of grandparents give money?
  • What makes a grandparent more likely to give?
  • At what age grandparents are most likely to give

With students entering the new academic year contemplating the rising costs of university, we will ask whether today’s generation of pensioners – who arguably have benefited from a unique set of socio-economic circumstances – are doing enough to help? Or are they already doing as much as possible?

The research, being launched by ILC-UK, has been produced through analysis of the English Longitudinal Study of Ageing (ELSA), a large-scale longitudinal panel survey of people aged 50 and over living in private households in England.

The full report will be available to dowload from the ILC-UK website from Wednesday 16th October 2013.

Equality and Human Rights,Intergenerational

Private Dinner Debate: Sunday 29th September, Manchester (Outside the secure zone), 18:30 (for 19:00) to 21:00
Supported by University of Manchester and the Ready for Ageing Alliance


David Willetts MP’s 2010 book, “the Pinch: How the Baby Boomers Took Their Children’s Future – And Why They Should Give it Back” argued that society is “not attaching sufficient value to the claims of future generations”.

It set out that baby boomers have benefited from a set of unique circumstances, benefitting from, amongst other things, improved healthcare, a growth in housing wealth, relatively generous occupational pensions and free higher education.

Since the publication of the book, policy debates about intergenerational fairness have raged. On the one hand, younger people today face student fees, high costs of housing and high unemployment. Benefits have been cut for younger people and those of working age, whilst older people have retained universal benefits such as the free bus pass and TV licence and a winter fuel allowance.

On the other hand, there are huge inequalities within the older population and significant poverty continues. Older people have found low interest rates erode their savings and quantitative easing has contributed to continued falls in annuity rates.

But how real is the conflict being played out in the media and public policy? At a familial level, financial transfers between generations are common and people of all ages are contributing care across and within generations. When ILC-UK surveyed individuals in 2011 about the national insurance exemption for older workers, we found younger people were more likely than old to defend the policy. Similarly, recent polling for Prudential found younger people more likely to defend pensioner benefits than older people themselves.

At this debate, researchers from the University of Manchester will examine the reality of intergenerational competition for resources. ILC-UK will discuss new research, supported by Key Retirement Solutions and Partnership, on the transfer of wealth from grandparents to grandchildren. Other speakers will present their views on how to prevent the emergence of intergenerational tensions.

During the debate we will explore:

  • What is the evidence of intergenerational conflict?
  • Are older people consuming a disproportionate amount of societal resources?
  • Are divisions within generations more important than those between them?
  • Should there be greater focus on wealth and health disparities within rather than between generations?
  • To what extent is there a transfer of wealth between generations?
  • What can be done to prevent future intergenerational conflict?

If you are interested in attending this dinner debate, please contact Lyndsey Mitchell on events@ilcuk.org.uk. Please note that we have limited availability remaining for this dinner.

Health,Intergenerational,Older Consumers,Work and Retirement

The Actuarial Profession, Staple Inn Hall, High Holborn, London WC1V 7QJ, 16:00, 22 November 2011

A debate considering the health and employment of older workers.

Demographic change means that many organisations now employ greater numbers of older workers. Many of these older workers will carry on working for longer than employees in recent decades for a variety of reasons including rising state pension age, the scrapping of the default retirement age, financial necessity, or simply wanting to continue working.

By many measures, today’s older workers are healthier than in the past - some would even call them “younger” as they retain an active life for longer. However, many chronic health problems such as cardiovascular disease, diabetes and musculoskeletal conditions are more likely to be experienced by older people. While some believe that older workers suffer more ill-health than their younger counterparts, others says older workers take less time off because they are more conscientious and do not call in sick after a night out.

Many of the health problems that older workers suffer can be prevented or managed, but doing so requires a comprehensive approach that involves many actors including the NHS, health professionals, employers and older workers themselves.

The questions that will be considered during the debate include:

  • Do older workers take more or less sick leave than their younger counterparts?
  • What kind of health problems commonly lead to older workers taking sick leave or exiting the workforce early?
  • What government policies exist to help support older workers who experience health problems?
  • What interventions or innovations can minimise or prevent ill health amongst older workers?

Agenda from the event:

16.00 – 16.30
Registration and refreshments

16:30 – 16.35
Welcome by Actuarial Profession co-chair and introduction from co-chair Baroness Sally Greengross, Chief Executive, International Longevity Centre - UK.

16.35 – 17.05
Keynote speech on trends in the health of older workers, Dame Carol Black, Department of Work and Pensions

17.05 – 17.15
Measures and policies designed to support the health of older workers, ILC-UK

17.15 – 17.25
Case study on intervention(s) to support the health of older workers

17.25 – 18.30
Questions and panel discussion with speakers

18.30
Close and drinks

 

 

Intergenerational

BT Centre, 81 Newgate Street, London EC1A 7AJ, 16:30, 09 October 2008

A public debate exploring the growing interest in the issue of intergenerational relations at the societal (non-family) level.

Commentators often identify a 'gulf' between the generations in terms of both the amount of contact between old and young, and in the social and cultural differences between the generations.

Trends in regional migration and the economy also point to the physical separation of young and old, with new job opportunities clustered in large cities and some locations displaying above-average concentrations of retired people.

Simultaneously, there has been a growing interest in the benefits of contact and relations between the generations. Intergenerational relations have been cited as a key factor in the development of community cohesion, social identity, as well as the transmission of knowledge, skills, and national and local culture and history. For older people in particular, who are at higher risk of social isolation, the benefits of contact with other generations are felt to be real and imminent.

This debate explored the questions:

  • Are intergenerational relations today any 'better' or 'worse' than in any previous era?
  • Is a growing 'intergenerational gulf' inevitable in an era of globalisation and economies characterised by rapid flows of people, ideas and culture?
  • What is the right role and objective for public policy in improving relations between the generations?


Agenda from the event

16.00 - 16.30
Registration and Tea
16.30 - 16.35
Welcome and Introduction by Chair: Baroness Sally Greengross, ILC-UK
16.35 - 17.10
Presentation by James Lloyd, Head of Policy & Research, ILC-UK
17.10 - 17.40
Panel Response:

  • Rosie Winterton MP, Minister of State for Pensions Reform
  • Stephanie Harland, Deputy Director-General, Age Concern England
  • Stefan Stern, Financial Times

17.40 - 18.25
Discussion
18.25 - 18.30
Summary by Chair
18.30
Close

This event was free and open to all; however, registration was required.