Age Action Alliance Weekly Members News – 11 December 2017

Weekly Members News – 11/12/2017

Opportunities for Action

What are the needs of vulnerable consumers?At the recent ILC-UK Future of Ageing Conference, ILC-UK and Just announced “Innovating for Ageing”.

Over the next 6 months, Innovating for Ageing will seek out technological and policy solutions to the challenges faced by vulnerable consumers.

• We will give visibility to your concerns about how to best support vulnerable consumers
• We will seek out technological and policy solutions to the problems you identify
• We will highlight the issues you raise with Government and regulators

ILC-UK would be extremely grateful if you would be willing to help us out with this project by spending a few minutes completing this short survey – https://www.surveymonkey.co.uk/r/innovatingforageing

We will be formally launching the event at a reception at Innovation Warehouse on 16th January. To express an interest in attending the launch, please do complete your details in the relevant section of the survey. https://www.surveymonkey.co.uk/r/innovatingforageing

 

For Information

UK state pension the lowest of advanced nationsA recent study by the OECD suggests that the UK’s State Pension is the least generous of all the most advanced economies in the world, with the average pensioner expecting to receive just 29% of what they earned at work.

However, once “voluntary” pensions – such as auto enrolment or workplace pensions – are taken into account, the UK model fares better in comparison, with the average UK pensioner receiving 62% of their working income, but this is still lower than the OECD average of 69%.

Treatment and symptoms of Parkinson’s

Parkinson’s is a progressive neurological condition caused by the loss of brain cells. The main symptoms of Parkinson’s are stiffness, slowness of movement, shaking of the limbs, which, combined with muscle atrophy markedly impact on the ability to move.

However, the disorder can also affect memory, mood and behaviour. Parkinson’s is generally associated with old age, affecting 2-3% of the population over 65 years. In total, Parkinson’s costs the UK economy £3.3 billion per year in treatment and other associated costs.

In this article, Professor David Dexter, deputy director of research at Parkinson’s UK shares his thoughts on the symptoms of the condition and the chances of finding a cure.

Inequalities later in life

A new report from the Centre for Ageing Better concludes that older women are more vulnerable to financial difficulties than older men, with both their employment history and family circumstances impacting on pension income and ability to save. The report, Inequalities in later life, highlights huge disparities in health, financial security, social connections, and housing, with negative impacts for those who are worse off that accumulate as they grow older.

The review highlights that severe inequalities for older people are largely a product of poverty and disadvantage throughout life. Whilst women suffer these inequalities more than men, people from BAME backgrounds and some from LGBT are also disproportionately disadvantaged.

Most older workers will end their careers self-employed

Most self-employed workers will be over the age of 50 within seven years, a new report from Hitachi Capital and the Centre for Economics and Business Research has predicted. Their study found that an increasing number of 50 to 64-year-olds were not retiring, preferring to stay in work.

Kay Daniel Neufeld, senior economist at the CEBR, said: “Self-employment among the over-50s has risen much more quickly than it has for younger cohorts, driven by demographic factors such as the rising average age of UK workers, as well as structural changes in the labour market.

Productive healthy ageing and musculoskeletal health

The latest edition of Health Matters from Public Health England centres on productive healthy ageing and musculoskeletal (MSK) health. It focuses specifically on the burden of the three groups of MSK conditions:

  • Inflammatory conditions such as rheumatoid arthritis
  • Conditions of musculoskeletal pain such as osteoarthritis and back pain
  • Osteoporosis and fragility fractures such as fracture after fall

The Jo Cox Commission on Loneliness

This is the final week of the Jo Cox Commission on Loneliness which will see a week of activity to culminate the year-long commission that Jo herself started work on before she was murdered.

The co-chairs of the Commission (MPs Seema Kennedy and Rachel Reeves) have written in the Huffington Post on new approaches to loneliness and what can be done to tackle it; and a full version – ‘Connect for a kinder tomorrow – new approaches to loneliness’ is available here.

Do you have an item you would like to feature in the Weekly Members’ News …or a blog you would like to feature on the AAA website?

Get involved! Send it to us at: info@ageactionalliance.org

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