Tag Archives: AARP International

Guest blog: What are the challenges and opportunities for ageing and cognitive decline for financial services?

Steven Cooper, Chief Executive, Personal Banking, Barclays UK, speaking at the Global Agenda Council on Ageing Symposium 2016

Steven Cooper, Chief Executive, Personal Banking, Barclays UK, speaking at the Global Agenda Council on Ageing Symposium 2016

This guest blog was contributed by Steven Cooper, Chief Executive, Personal Banking, Barclays UK. 

With over 10 million people in the UK over 65 and 850,000 people living with dementia, this is a crucial question, and one posed by the World Economic Forum Global Agenda Council on Ageing at their conference and symposium on 3 and 4 February.

Barclays was very pleased to sponsor this conference and play an active part in the discussions. Older people provide huge benefits to our society and economy, caring for children and volunteering their time. As one of the largest banks in the UK we have a diverse customer base and older customers make up a significant proportion- around a quarter of our current accounts are held by someone over 60. Continue reading

Guest blog: The team, redefined

Ninie Wang, Founder and Chief Executive Officer, Pinetree Care group (China)

Ninie Wang, Founder and Chief Executive Officer of Pinetree Care Group (China), speaking at the Global Agenda Council on Ageing Symposium 2016

On 3 February Age UK hosted a symposium in London for the World Economic Forum Global Agenda Council on Ageing, on the impact of ageing and cognitive impairment on the financial services industry. Ninie Wang Yan, Founder and Chief Executive Officer of Pinetree Care Group (China) and a panellist at the symposium, reflects on the day.

In the middle of a cozy tea break, I agreed with James Appleby from the Gerontological Society of America who will be hosting the 2017 World Congress of Gerontology and Geriatrics in San Francisco that there had been a crucial missing piece of our discussions in all those past congresses. Continue reading

Guest blog: Long-term care and support- how does it work in the US?

Older woman with carer

Age UK has been sharing a series of guest blogs with the AARP Public Policy Institute. Our latest post comes from Donald L. Redfoot, Senior Strategic Policy Advisor. AARP is a nonprofit, nonpartisan organisation, with a membership of more than 37 million older people across the USA.

Even experts find it challenging to understand the United States’ fragmented system of providing long-term services and supports (LTSS) to older adults and people with disabilities. Those who need services are often utterly baffled. The following discussion is designed to help international observers comprehend US public policies designed to support people with LTSS needs. Continue reading

UK life reimagined

A demographic revolution is under way, with more of us living longer than ever before. Fifty years ago there were nearly 20 million people in the world age 80 or over; now that figure stands at about 105 million, and it’s rising fast. Many – though not enough – of our older population are in good health and will retire with a decent income and a strong social network, and many have much to offer society.

The timing of the debate around the aging population in the UK is then 440px_older_carers_handsperhaps unfortunate, held as it is against a back­drop of a beleaguered economy. Since the Coalition Government came to power we have seen cuts to government services and working-age benefits and a further £10 billion reduction in welfare to come. Against this context there is a perception that older people have fared better than most other groups but media commentary suggesting that today’s older people belong to “the lucky generation” obscure the enormous variations that exist. This is particularly stark in terms of poverty and wealth – fewer than half of all retirees have an income big enough to pay income tax.  Older people’s median income lev­els remain lower than those of the population as a whole. Continue reading