WELCOME Living through later life Wednesday 17 th July 2019 - PowerPoint PPT Presentation

PPI Pensions Policy Institute WELCOME Living through later life Wednesday 17 th July 2019 www.pensionspolicyinstitute.org.uk Twitter: #PPIlaunch @PPI_Research

PPI Pensions Policy Institute Thank you to our sponsors Twitter: #PPIlaunch @PPI_Research

PPI Pensions Policy Institute Welcome from Chair Michelle Cracknell CBE PPI Governor Twitter: #PPIlaunch @PPI_Research

PPI Pensions Policy Institute Key Findings Lauren Wilkinson Senior Policy Researcher Pensions Policy Institute Twitter: #PPIlaunch @PPI_Research

Three phases of later life… PPI Pensions Policy Institute Decline Independent Dependent Phase Phase Phase low or no physical mild physical severe physical limitations limitations limitations But not everyone will transition through these phases in a linear way

PPI Pensions Policy Institute Women and those in lower wealth quintiles are less likely to be in this phase, while women who are in the Independent Phase are more likely to find their freedom restricted by caring responsibilities.

PPI Pensions Policy Institute Once individuals transition into the Decline Phase, they could benefit from support in maintaining physical health and where possible slowing declines in order to protect them from the more severe risks present in the Dependent Phase.

PPI Pensions Policy Institute Those with lower levels of wealth are more likely to experience this phase at younger ages: at age 70 more than 50% of those in the lowest wealth quintile are in the Dependent Phase, compared to just 16% of those in the highest quintile.

PPI Pensions Policy Institute Key takeaways Support in elongating the Targeting Some groups of Independent support at older people are Phase and groups that are more likely to subsequently the most at risk is experience Decline Phase likely to have poorer later life could improve the greatest outcomes later life impact experiences

PPI Pensions Policy Institute Managing later life transitions Anna Brain Policy Intern Pensions Policy Institute Twitter: #PPIlaunch @PPI_Research

PPI Pensions Policy Institute James & Linda’s Story Video to be uploaded separately soon.

PPI Pensions Policy Institute How does Anna’s experience relate to the research? The diversity of later life transitions • The importance of planning for transitions • before they happen • The challenge of accessing holistic information and support

PPI Pensions Policy Institute Panel Discussion Michelle Cracknell, PPI Governor Lauren Wilkinson, Senior Policy Researcher, PPI Lis Robinson, Head of Fuller Working Lives, DWP Teresa Fritz, Senior Policy Manager, Money & Pensions Service (MaPS) Tish Hanifan, Founder & Joint Chair, Society of Later Life Advisors (SOLLA) Please observe the Chatham House Rule

Questions and Answers PPI Pensions Policy Institute Please observe the Chatham House Rule

PPI Pensions Policy Institute Closing Remarks Please observe the Chatham House Rule

Thank you for attending today… PPI Pensions Policy Institute Thank you to our research sponsors And thank you to our event sponsors Please stay and join us for a drink and networking.