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At a cross-roads
 — the future likelihood of low incomes in old age: a white paper from the ILC-UK
Corporate AuthorCentre for later Life Funding; International Longevity Centre UK - ILC-UK
PublisherInternational Longevity Centre UK - ILC-UK, London, June 2015
Pages19 pp
SourceDownload at: http://www.ilcuk.org.uk/index.php/publications/pub...
KeywordsPoor elderly ; Services ; Financial services [older people] ; Costs [care] ; Middle aged ; Young elderly ; Reports.
AnnotationIn this "White Paper", the ILC-UK argues for a strategy for later life funding to secure effective funding for adult social care; implement the Dilnot reforms; find ways of ensuring the provision of mass market financial advice; develop default options for those who 'sit on their pension pots and do nothing'; provide clarity around what constitutes the deliberate deprivation of assets within the context of the new pension freedoms; incentivise downsizing; support innovation in the equity release market; and support policy which extends working lives. A particular focus is on these effects for the post-war "baby boomer" and "post-boomer" generations, who will soon have to deal with these issues. This report is the first publication from the Centre for Later Life Funding, which is, in part, a continuation of the Care Funding Advice Network (CFAN), a coalition of organisations and individuals seeking to improve on provision of financial advice, as recognised by the Care Act 2014. (NH/RH).
Accession NumberCPA-151022217 B
ClassmarkF:W6: I: J: QDC: SE: BBA: 6K

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