The adult social care sector in England faces a gap of 200,000 care workers by the end of this Parliament because of restrictions on immigration and a failure to attract British workers. Longer term, the sector could face a shortfall of 1 million workers in the next twenty years.
Annuitising at retirement is not the best option.
This new research report produced by Cass Business School argues that most people are better off drawing down, rather than annuitising.
Pension fund investments and economic stagnation
It will take more than a ‘nudge’ for UK pension funds to adopt long term investment strategies. The Government must address the key barriers which prevent funds from embracing the uncertainty of genuinely long-term investments.
This report investigated earnings below the Living Wage for staff in care homes for older people, what the costs and benefits might be, and how this pay increase could be funded.
The NHS should be supported to continue to invest in innovation in order to save more money in the long-term.
This report seeks to bust the widely touted myth that there is a uniform group of older people in the UK – so called baby boomers – who have benefitted at the expense of younger age groups.
This report, which highlights the vital role of good design, technology and innovation, is a collaboration between the ILC-UK, the IET and the University of Cambridge’s Engineering Design Centre.