The International Longevity Centre (ILC-UK) has released a second summary “factpack” of statistics about a number of topics relating to the UK’s elderly. Projections indicate that future generations of pensioners face a poorer financial future unless the long-term challenges of working age poverty are overcome.
“In 2012/13, pensioner households were less likely to be on a low income than households with working age adults or households with children. This marks a stark contrast to 15 years ago when low incomes were far more prevalent across pension households than working age ones”.
Mapping demographic change: a factpack of statistics from the International Longevity Centre – UK. London: International Longevity Centre-UK (ILC-UK), July 17th 2014.