Put your thinking caps on – ILC-UK and Just Group unveil shortlist of key later life vulnerability challenges
Jun 12, 2018 | NEWS
- Major UK organisations including BT, the Church of England and NS&I engage with Innovating for Ageing initiative to highlight major problems facing ageing population
- Shortlist of problems includes isolation, digital exclusion and financial capability
- Details to be revealed to creative-thinkers and tech-leaders at “problem pitch” presentations on June 19 at Campus London.
Many of the toughest problems facing people in later life have been highlighted in the first stage of the Innovating for Ageing initiative that aims to provide solutions to organisations and businesses serving vulnerable people in later life.
The International Longevity Centre – UK (ILC-UK) and Just Group have analysed the submissions and created a shortlist to take forward that helps deal with ageing issues such as cognitive decline, failing physical health, loneliness and digital exclusion.
Organisations whose submissions were accepted will pitch their ideas to a range of creative thinkers from the “solutions community” – technology experts, innovators and leaders from industry and regulators – at an event on June 19 at Campus London, Google’s space for some of London’s newest and brightest businesses.
The submissions were grouped into six categories to reflect common problems suffered by vulnerable consumers – end of life planning; identifying vulnerability; digital exclusion; isolation & loneliness; money matters; and a final “surprise us” catch-all category.
“The range of issues put forward highlights how keen organisations are to work with others to find better ways to help people as they move through later life,” said Stephen Lowe, Group Communications Director at Just Group.
“Now that we have highlighted some of the key problems in this shortlist, we have a good foundation to reach out to those innovative and creative thinkers who can work together on finding technology and policy solutions.”
David Sinclair, Director of ILC-UK said: “Organisations as diverse as BT, the Church of England, Affinity Water and Leeds City Council face a range of challenges but share a common need to engage with and help support their vulnerable customers in later life.
“By bringing together such an assortment of companies and industries and putting them in front of some of the smartest tech and business minds in the country we hope to find a different way of approaching and tackling vulnerability.
Start-ups, tech-leaders and other innovators interested in attending the pitch event on June 19 should contact firstname.lastname@example.org for further details. Solutions can be submitted up to August 12 with an awards ceremony in October where winners will present their ideas.
Award Categories and Shortlisted Companies
End of life planning:
Supporting vulnerable consumers towards the end of their lives
- Anthemis: end of life planning and consumer vulnerability
- Legal & General Home Finance: complexity of Lasting Power of Attorneys
- Compassion in Dying: ability to put plans in place
Helping organisations identify, segment and share information about vulnerable consumers
- Affinity Water: risk sharing
- IDS Financial Services: addressing and recording vulnerability
- Thistle Initiatives: identifying vulnerable customers
- Professor Angela Kydd: creating and sharing a standard taxonomy of vulnerability
Improving connectivity for the most vulnerable
- NS&I: instilling confidence in digital transactions
- Leeds City Council: improving digital literacy
- Ransackers Association: approach of retailers selling connectivity hardware, e.g. smartphones
- Financial Services Consumer Panel: encouraging adoption of online services
Isolation & loneliness:
Addressing isolation and loneliness among vulnerable consumers
- BT: loneliness, isolation and mental health
- Church of England: need for innovation in transport
- Sidney de Haan Research Centre for Arts and Health (Canterbury Christ Church University): collation and information sharing around creative activities
Improving financial capability and reducing the risk of scams
- LEBC: financial capability
- TPAS: scams
- Innovate UK: secure and easy to use payment systems
Any areas not covered in the above categories
- Ian Sissons: integrating monitoring systems
- UCL Department of Behavioural Science and Health: promoting healthy adult lifestyles
- University of Cumbria: healthcare for those with poor dexterity