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Future of an Ageing Population

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<strong>Future</strong> <strong>of</strong> <strong>an</strong> <strong>Ageing</strong> <strong>Population</strong> | Key Findings<br />

address health, work <strong>an</strong>d care challenges, <strong>an</strong>d help people unlock<br />

the potential benefits <strong>of</strong> living longer. Barriers include a lack <strong>of</strong> skills <strong>an</strong>d<br />

access, cost, <strong>an</strong>d older people’s assumptions about technology’s usefulness<br />

<strong>an</strong>d affordability.<br />

A coherent response to ageing<br />

The ageing population presents real opportunities. However, there are<br />

challenges, <strong>an</strong>d ignoring these could undermine the potential benefits <strong>of</strong> living<br />

longer. This report combines evidence about today’s older people with future<br />

trends <strong>an</strong>d projections to identify the most critical implications <strong>of</strong> the ageing<br />

population for government policy <strong>an</strong>d the socio-economic resilience <strong>of</strong> the UK.<br />

The following principles will help to ensure a coherent response to ageing:<br />

• The future success <strong>an</strong>d resilience <strong>of</strong> the UK will be determined in a large part<br />

by its ageing population. Nowhere is this more apparent th<strong>an</strong> the productivity<br />

<strong>of</strong> the UK workforce, which will see a major increase in the number <strong>of</strong><br />

workers aged 50 <strong>an</strong>d above. The effect <strong>of</strong> <strong>an</strong> ageing population on health <strong>an</strong>d<br />

care services will likewise have a major impact on the UK.<br />

• Issues c<strong>an</strong>not be addressed in silos. For example, the productivity <strong>of</strong> the<br />

ageing population will be influenced by the skills <strong>an</strong>d health <strong>of</strong> older workers,<br />

competing family care responsibilities, <strong>an</strong>d connectivity. A co-ordinated<br />

response is likely to be more successful th<strong>an</strong> addressing issues in isolation.<br />

• Most domestic policy areas will be affected by the ageing population.<br />

Beyond the expected, such as health <strong>an</strong>d care, this report illustrates that a<br />

wide-r<strong>an</strong>ge <strong>of</strong> policy areas will be affected, including housing, tr<strong>an</strong>sport,<br />

infrastructure <strong>an</strong>d technology.<br />

• Factors throughout <strong>an</strong> individual’s lifetime affect how they age. To improve<br />

outcomes for people as they age – whether in skills, health, employability,<br />

housing <strong>an</strong>d assets to fund retirement – requires interventions from <strong>an</strong> early<br />

age, <strong>an</strong>d <strong>an</strong> underst<strong>an</strong>ding <strong>of</strong> the impact <strong>of</strong> policies through the life course.<br />

• Regional variation must be understood. Connectivity challenges will differ<br />

between urb<strong>an</strong> <strong>an</strong>d rural areas, while different home ownership levels around<br />

the country will create regional differences in older people’s fin<strong>an</strong>cial assets<br />

<strong>an</strong>d the support they need. There are also import<strong>an</strong>t differences between<br />

how the devolved administrations will experience ageing. This project has<br />

produced <strong>an</strong> online tool to map the different characteristics <strong>of</strong> ageing across<br />

the UK (see Box B).<br />

P12

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