News archive
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6.6 million people worry they wouldn’t know how to support their older parents
New research from Age UK as part of its “Know What to Do” campaign” highlights the anxieties and challenges millions of adult children face when it comes to supporting older parents.
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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.
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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.
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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.
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1 in 7 aged over 65+ now reliant on loans and credit cards to make ends meet
New research from Independent Age has found that the cost-of-living crisis is causing many people over 65 to turn to loans and credit cards to make ends meet, as they keep their financial worries from their family.
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High inflation means that the “Great Unretirement” may prove costly for some older workers
New Age UK research shows how the cost of living crisis is upending some people’s retirement plans and their prospects of a comfortable standard of living in the years to come.
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Relief as government keeps NHS prescription charge upper age exemption at 60
The government has confirmed the prescription charge upper age exemption will remain at 60, citing cost of living pressures as a key reason behind the decision.
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Upcoming webinar explores the health and social benefits of homesharing
If you’d like to know more about the financial, wellbeing and intergenerational benefits of homesharing, then why not drop into a webinar being hosted by AAA members Two Generations on Tuesday July 11 2023 at 10:00 am.
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Don’t suffer in silence – Pension Credit is here to help!
To mark Pension Credit Week of Action (12th- 16th June), national older people’s charity Independent Age is urging everyone in later life who is struggling financially to check if they are eligible for the entitlement.
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Government extends NI top-up deadline to 2025
Taxpayers now have until 5 April 2025 to fill gaps in their National Insurance record from April 2006 that may increase their State Pension – an extension of nearly two years – the government announced today (12 June).