In this edition we cover:
- ILC-UK Vacancy: Senior Researcher/Age UK Fellow
- ILC Global Alliance
- New ILC-UK Publications
- New ILC-UK Blog Posts
- ILC-UK Out and About
- Dates for the Diary
ILC-UK Vacancy: Senior Researcher/Age UK Fellow
The ILC-UK is seeking to recruit a Senior Researcher to join their influential research and policy team. This new and highly strategic post will help ILC-UK understand the policy and economic impact of longevity in an ageing society. The successful candidate will be joining a small team of researchers who focus on a wide range of policy issues, from health and care to pension reform and from dementia to communities.
ILC Global Alliance
We are pleased to announce that ILC-UK Chief Executive, Baroness Sally Greengross, has been elected as co-President of the ILC Global Alliance from October 2010 alongside Monica Ferreira from ILC South Africa.
New ILC-UK Publications
“The Future of Retirement” discussion paper considers the reasons people retire when they do, and the potential future of retirement given policy change and the emergence of gradual retirement. The paper was launched at the joint ILC-UK/Actuarial Profession debate on Pension Reform on 15th June. At the event, Pensions Minister, Steve Webb MP commented that it was an excellent paper with powerful recommendations.
There is evidence that the UK’s average retirement age has started to rise after falling for several decades in the postwar era. But policies such as the raising of the state pension age, and the abolition of the default retirement age, will further transform the financial and policy contexts within which retirement decisions are made.
This paper therefore considers the factors that lead individuals to retire when they do. It looks at current socio-economic trends, to ask whether the future of retirement will match policy change, and what government can do to enable people to extend their working lives.
The paper also considers the prospects for gradual retirement, that is, whether the possibility of ‘downshifting’ work commitments as we approach retirement is a realistic and sustainable future.
It makes a series of recommendations about the areas that require more attention by policy-makers:
- Preventative healthcare throughout the lifestage;
- Job quality for older workers;
- The potential of ‘gradual retirement’, including encouraging employers to offer downshifting options to staff approaching retirement at all levels;
- Complexity and the provision of advice in the pensions system; and
- The support offered to older people with caring responsibilities.
The author is Craig Berry, Senior Researcher at the ILC-UK.
To download a copy, click here.
New ILC-UK Blog Posts
We have published a number of new posts to the ILC-UK Blog. The posts are accessible through http://www.ilcuk.org.uk or via the links below:
The Return of Purchased Life Annuities? (Craig Berry)
Incentivising New Retirement Housing (David Sinclair)
Assisted Living Technologies for Older and Disabled People in 2030 (David Sinclair)
Saving Britain (David Sinclair)
In Defence of Annuities (David Sinclair)
Will “senior playgrounds” encourage exercise? (Rebecca Taylor)
Solvency II may endanger retirement outcomes for future pensioners (Craig Berry)
Older Europeans more likely to be daily drinkers (Rebecca Taylor)
Older workers and the post-recession labour market (Craig Berry)
Guest Blog - Telephone ‘Pill reminder’ service - The answer to non-compliance? (Norman Niven)
ILC-UK Out and About
ILC-UK Chief Executive, Baroness Sally Greengross has been involved in a number of important issues in Parliament. These include asking Her Majesty's Government what are their plans to implement the National Dementia strategy; taking part in Baroness Thornton’s question on which health agencies and arm’s-length bodies will be affected by cuts in Government spending; and also taking part in Baroness Pitkeathley’s question on what plans the Government have for improving the lives of carers. She highlighted the plight of poorer grandparents who care for grandchildren whilst working full-time and who also often have to care for their ageing parents too.
Sally hosted a reception on celebrating the pro bono work of law firms for the All Party Parliamentary Group on Corporate Responsibility on the 16 June. She will also be chairing an event to discuss the Equality and Human Rights Commission’s Report into the aspirations and barriers in the workplace for the over 50s, this is for the Intergenerational Futures All Party Parliamentary Group.
Dates for the Diary
ILC-UK and Actuarial Profession Joint debate: The economics of preventative health
ILC-UK and the Actuarial Profession are organizing a joint debate on “The Economics of Preventative Health in an Ageing Society”, kindly supported by Sanofi Pasteur MSD. The event will take place at the Institute of Actuaries, Staple Inn Hall, London on 3 November 2010 at 16.00 for a 16.30 start. Invitations to this event will be sent out in the next weeks.
Date :17 June 2010
We are recruiting for a temporary Events Coordinator to coordinate and support our busy events calendar for the remainder of 2018, build on our external communications and assist the Head of External Affairs on communications around our Future of Ageing conference.
Date :30 August 2018
New international report explores the relationship between life expectancy and productivity in developed countries.
Date :20 August 2018
ILC-UK are once again looking for someone to speak for 10 minutes on the plenary platform in front of 250 people at our annual Future of Ageing Conference (29th November, London).
Date :03 August 2018
“Auto-enrolment has successfully led to millions more saving each month towards a pension, but the Committee is right to call for action to get people saving more. We are pleased they support our recommendations to consider automatic escalation of pension contributions for some individuals, and we agree that a strategy is needed to automatically-enrol the self-employed."
Date :27 July 2018
Dr Brian Beach, Senior Research Fellow at ILC-UK and who gave oral evidence to the Committee, welcomes the Committee’s call for stronger action by Government and EHRC and says it’s crucial that employers understand what ageism really is.
Date :17 July 2018
“The latest Fiscal Sustainability Report makes it very clear that we are facing an uncertain future. Demographic pressures are set to continue to dominate the agenda, with health, pension and adult social care spending all set to rise as a proportion of total GDP."
Date :17 July 2018