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Coping with the crunch
 — the consequences for older people
Corporate AuthorAge Concern and Help the Aged
PublisherAge Concern and Help the Aged, London, July 2009
Pages8 pp (Economy in crisis)
SourceAge Concern England, Astral House, 1268 London Road, London SW16 4ER. www.ageconcern.org.uk Help the Aged, 207-221 Pentonville Road, London N1 9UZ. www.helptheaged.org.uk
KeywordsEconomic status [elderly] ; Assets [elderly] ; Employment of older people ; Poverty ; Crime ; Social surveys.
AnnotationThe effects of the recession are as important to older people as other age groups. Evidence in this research review is based on unpublished surveys for Age Concern and Help the Aged by ICM Research. It finds that 60% of older workers say that the economic downturn means they may need to work for longer than they had originally planned. However, more than one in five fear that the recession could force them to stop work sooner than they expected. As for people in retirement, 59% of those aged 60+ are not confident that the Government will help older people cope during the recession. This review cites examples from other research sources and newspapers concerning older workers in the recession; declining pensions and assets; older savers; the changing face of pensioner poverty; financial education and debt; struggling local economies; and crime and scams. Age Concern and Help the Aged believe that these challenges must be tackled urgently, before a short-term crisis leads to disadvantage for vulnerable older people. (RH).
Accession NumberCPA-090910006 B
ClassmarkF:W: JD: GC: W6: TWA: 3F

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