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Foresight Ageing Population Panel
 — [Discussion paper] 2: Finance
Author(s)Paul Johnson
Corporate AuthorFinance Taskforce, Foresight Ageing Population Panel, Office of Science and Technology, Department of Trade and Industry - DTI
PublisherDepartment of Trade and Industry, London, 2000
Pages24 pp
SourceAgeing Population Panel, Foresight Directorate, Office of Science and Technology, Department of Trade and Industry, 1 Victoria Street, London SW1H 0ET.
KeywordsOlder people ; Social characteristics [elderly] ; Financial services [older people] ; Consumer ; Home equity release schemes ; Social policy ; Government publications.
AnnotationThis presents the deliberations of one of five Taskforces set up by the Ageing Population Panel. The Finance Taskforce has structured its comments around five broad sets of considerations which it believes that the financial services industry would have to take into account in the next 20-30 years or so, bearing in mind life expectancy and the size of the retired population relative to that of the working age group. The five topics discussed are: returns of assets and the likely impact of an ageing population on returns; the direct impact of longer life expectancy; the impact of greatly increased diversity of working age and retired populations; issues of risk management and how these might impinge on the types of products being made available by the financial services industry; and the role of housing wealth for the older population, in particular housing equity release. The closing date for comments on this discussion paper and on the main consultation document, "The age shift" is 15 September 2000. (RH).
Accession NumberCPA-000727003 B
ClassmarkB: F: J: WY: WQB: TM2: 6OA

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