Still not ready for ageing
Sep 16, 2016 | REPORTS
The Ready for Ageing Alliance assess the Government’s response to our rapidly ageing society and finds the UK is still not ready.
Government action on tackling the challenges and maximising the opportunities of ageing has stalled. Far from seeing sustained progress over the past few years, society is seemingly going into “reverse gear” in some respects.
In July, the Government published a report – with no fanfare – which it itself commissioned from the Chief Scientist to gather the latest evidence and draw appropriate conclusions on the future of ageing. The Chief Scientist’s report correctly stated that government “will require a co-ordinated response between departments that reflects the robust evidence for the inter-connectedness of policies affected by ageing”.
The Ready for Ageing Alliance believes that we are a long way from achieving this:
- Savings levels remain far too low and, without significant increases, future generations of older peoplewill find themselves poorer than today’s pensioners
- Real wage growth is low, meaning that the incomes of most younger people do not allow them to save more
- Social Care funding reform has received little discussion since plans for its reform were shelved and the funding gap in social care, which grows by the day, is a disaster for older people today and tomorrow.
- Health and care face major staffing shortages over the short and medium term and unless this reality is properly gripped now we are storing up even bigger problems for the future
- Our economy loses billions due to the underemployment of older people who would prefer to keep working but who can’t because of ageism and/or a shortage of flexible working opportunities
- Isolation and loneliness remain blights on our society, with too little progress in ensuring communities are equipped to help us live independently for longer
- We have a huge undersupply of retirement housing and new mainstream housing is not meeting the needs of older people today or tomorrow
In terms of pressing public policy issues today the Ready for Ageing Alliance ask for “An urgent focus on the crisis in social care with the aim of achieving a sustainable long term financial settlement which ensures people’s care needs are met”. They also call for the planned review into auto-enrolment to be extended to look broadly at how to increase savings and ensure today’s young people – our future pensioners – can realise an adequate income when they reach later life.
The Ready for Ageing Alliance also calls for:
- The creation of a permanent commission on Demographic Change which would focus on making progress in responding to our changing society
- A single point of contact in Government responsible for leading and responding to the challenges and opportunities of ageing set out by the Chief Scientist.