"While people on the verge of buying annuities or trying to build up their personal savings have been buffeted for a number of years, a rise in the Bank of England's Base Rate is unlikely any time soon. This is because, despite rising economic growth and employment, persistent economic weaknesses remain including high levels of household indebtedness, falling real incomes and underemployment. And crucially, the economic recovery is still not secured – indeed, we are only now approaching our pre-crisis level of output. The Bank will want to see significant progress on all of these fronts before committing to a gradual rise in rates.
The UK is not alone in having to confront the unwinding of extraordinary monetary support. The US faces a bigger task as they are still committed to monetary stimulus in the form of asset purchases (to the tune of $65bn per month). How markets and economies around the world respond as it starts to slow these purchases could impact asset prices around the world for some time to come."
ILC-UK have today published a blog: "Base rate: to raise or not to raise" http://blog.ilcuk.org.uk/2014/03/04/base-rate-to-raise-or-not-to-raise/
Date :04 March 2014
New data analysis reveals the vast market for health apps – including the 760,000 ‘living fast, dying young’ under 40s who smoke, drink frequently, have a smart phone and regularly use the internet.
Date :19 September 2018
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