NEWS:

Welcome to the June edition of the International Longevity Centre – UK (ILC-UK) Newsletter.

In this edition we cover:

  • New Publications …
  • Dates for the diary …
  • New ILC-UK Blog Posts …
  • Additional News …

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New Publications …

Retirement in flux: Changing perceptions of retirement and later life
Retirement is changing. What it means to be a citizen in an ageing society is in flux. Older people should expect to work longer and draw upon property wealth to help fund care costs, argues a new think-piece by the International Longevity Centre. Read more

Population Ageing: Pomp or Circumstance
How does the public view our ageing society? Are we overestimating the impact of an ageing society? How do we view changes to our health service and to our economy as a result of an ageing society? These are some of the questions explored through public attitudes data in this report. Read more

Financial Citizenship
In the wake of the global financial crisis, public debate has been dominated by the implications of the uncertain economic climate we are living in. Read more
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Dates for the Diary …

Boosting Retirement Saving Across Europe

18th June 2012
European Economic and Social Committee, Bâtiment Jacques Delors (JDE) 99-101, rue Belliard, 1040 Brussels. 14:10 (for 14:30 start) to 17:30
Spaces for this event in Brussels are limited

The recently published White Paper (An Agenda for Adequate, Safe and Sustainable Pensions) highlighted the urgency for European action on pensions. The introduction stated:

Unless women and men, as they live longer, also stay longer in employment and save more for their retirement, the adequacy of pensions cannot be guaranteed as the required increase in expenditure would be unsustainable.
Together, longevity growth and the transition into retirement of the baby-boomers will have far-reaching economic and budgetary consequences in the EU, reducing the economic growth potential and exercising pressure on public finances.  (COM/2012/055)

The Commission highlighted that these challenges are “further aggravated by the current financial and economic crisis.” (COM/2012/055)

For more information about the event and its speakers, and to register your attendance, click here
 

ILC-UK and the Actuarial Profession, supported by Aviva and Partnership. Retirement Income Summit

20th June 2012
The Actuarial Profession, Staple Inn Hall, High Holborn, London WC1V 7QJ.
12:30 (for a 12:55 start) to 19:00

At the end of February 2012, ILC-UK, with the support of Partnership, published a report which explored the impact of the Retail Distribution Review (RDR) on people with small pension pots.

The Retirement Income Summit will be focused on three specific themes. Senior representatives from Government, industry and consumer organisations will debate:

  • Post RDR financial advice may be beyond the means of the average person. How can we fill the advice gap?
  • People with average sized pension pots are entitled to reasonable outcomes. How can we improve the pensions annuity process for the consumer and industry?
  • Good regulation protects the consumer but it must not inadvertently damage the potential of products and services to increase pensioner income? How can we ensure that the length and complexity of communications required by legislation does not damage communications?

For more information and to register for this event, click here
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New ILC-UK Blogs …

Guest blog: Mervyn Kohler and Nicola Robinson (Age UK) – The costs of demographic change – an EU obsession?
The European Union’s massive 2012 Ageing Report, published on 15 May and promptly endorsed by national governments, warns darkly of the impact of demographic change in driving up age-related public expenditure, and undermining the sustainability of government finances, in the context of the current financial crisis. Read more


Guest blog: Can the market get older people online? Julia Kukiewicz

As more services, including essential medical resources and Government information, become available exclusively online, or at least far more accessible that way, so it becomes more important than ever to ensure that households have access to the internet. That digital exclusion doesn’t become social exclusion. Read more


Live blog: ILC-UK, New Dynamics of Ageing and the Actuarial Profession debate: ‘Improving care, tackling isolation and reducing costs? Can new technology live up to its promise?’

This is the live blog from the ILC-UK, New Dynamics of Ageing and the Actuarial Profession debate, ‘Improving care, tackling isolation and reducing costs? Can new technology live up to its promise?’ on Wednesday 16th May at the Actuarial Profession, Staple Inn Hall. Read more


Future’s Workshop: The Care Home of the Future

As long term conditions become the new global challenge and overtake communicable disease as the primary focus of health and social care, the care home of the future will need to become a central part of care solutions. Read more


For all ILC-UK blog posts, click here
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Additional News …

Age UK Oxfordshire
Age UK Oxforshire is mounting an international conference to bring together the latest knowledge about loneliness: its causes, effects and the solutions. The conference, 'What do we know about loneliness?', will be held at Merton College, Oxford, on 9-10 July 2012.

For more information, and to register for the conference, click here

TOP STORIES

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.

New international report explores the relationship between life expectancy and productivity in developed countries.

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).

“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."

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.

“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."

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