-
“A constant struggle”: the older people having to decide between whether to wash with cold water or eat dinner

A new report from Independent Age lays bare the often-hidden experiences of how pensioners facing financial hardship are being impacted by increasingly high household costs, across water, energy, broadband, and Council Tax.
-
Research reveals which generation is going to be the best off… and which will be the worst off

Applying Macmillan’s saying that “you’ve never had it so good” to those either in or heading towards retirement might come as a surprise to some people, but new data shows that those retiring today may well be much better off than their younger counterparts.
-
Government “failure” means 4 in 5 miss out Energy Bills support

New figures published by Age UK show that the Energy Bills Support Scheme (EBSS) Alternative Fund, designed to give a crucial £400 to households that receive their energy supply indirectly via a landlord, site owner, or other intermediary, has completely flopped, having failed to reach almost 4 in 5 of all those eligible.
-
Older people from minoritised ethnic communities up to 60% more likely to be living in poverty

Older people from minoritised ethnic communities are being let down when it comes to escaping poverty, as language barriers, government mistrust and a lack of effective promotion of financial support stand in their way, according to new research from national charity Independent Age.
-
A unique way to pay for residential care… without selling your home

Every year, thousands of elderly people and their families face the conundrum of how to pay for care home fees – which can typically be between £40,000 and £50,000 a year. We talk to Jeremy Nixey of Alliance member Shaw Lifetime Care, part of the charitable Shaw Foundation, about the unique option they offer.
-
Financial fears and access barriers prevent one-third of those over 60 from spending

A new report by the leading think tank on demographic change, the International Longevity Centre (ILC), pinpoints an increasing economic trend among people aged 60 and over in the UK.
-
Age Action Alliance launches free 2023/24 guide to care fees planning

An updated version of the hugely popular “Basics of care fees planning guide”, first launched at the end of 2022, is now available. By Tony Watts OBE.
-
Report highlights the financial plight of the “hidden two million”

A new report from Independent Age shows the hidden reality of facing financial hardship in later life and explores the groups of older people most likely to be affected.

