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

▶

Oct 31, 2023 527 likes •711 views

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

SLIDE 1

Living through later life

Wednesday 17th July 2019

www.pensionspolicyinstitute.org.uk

WELCOME

PPI

Pensions Policy Institute

Twitter: #PPIlaunch @PPI_Research

SLIDE 2

PPI

Pensions Policy Institute

Twitter: #PPIlaunch @PPI_Research

Thank you to our sponsors

SLIDE 3

Welcome from Chair

Michelle Cracknell CBE PPI Governor

PPI

Pensions Policy Institute

Twitter: #PPIlaunch @PPI_Research

SLIDE 4

PPI

Pensions Policy Institute

Twitter: #PPIlaunch @PPI_Research

Key Findings

Lauren Wilkinson Senior Policy Researcher Pensions Policy Institute

SLIDE 5

Three phases of later life… PPI

Pensions Policy Institute

But not everyone will transition through these phases in a linear way Independent Phase Decline Phase Dependent Phase

low or no physical limitations mild physical limitations severe physical limitations

SLIDE 6

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.

SLIDE 7

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.

SLIDE 8

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%

f those in the lowest wealth quintile are in the Dependent

Phase, compared to just 16% of those in the highest quintile.

SLIDE 9

Key takeaways

PPI

Pensions Policy Institute

Some groups of

lder people are

more likely to experience poorer later life

utcomes

Support in elongating the Independent Phase and subsequently the Decline Phase could improve later life experiences Targeting support at groups that are most at risk is likely to have the greatest impact

SLIDE 10

PPI

Pensions Policy Institute

Twitter: #PPIlaunch @PPI_Research

Managing later life transitions

Anna Brain Policy Intern Pensions Policy Institute

SLIDE 11

PPI

Pensions Policy Institute

James & Linda’s Story

Video to be uploaded separately soon.

SLIDE 12

How does Anna’s experience relate to the research?

PPI

Pensions Policy Institute

The diversity of later life transitions
The importance of planning for transitions

before they happen

The challenge of accessing holistic information

and support

SLIDE 13

Panel Discussion

Please observe the Chatham House Rule

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)

PPI

Pensions Policy Institute

SLIDE 14

Questions and Answers

Please observe the Chatham House Rule

PPI

Pensions Policy Institute

SLIDE 15

Closing Remarks

PPI

Pensions Policy Institute

Please observe the Chatham House Rule

SLIDE 16

Thank you to our research sponsors

Thank you for attending today… PPI

Pensions Policy Institute

And thank you to our event sponsors

Please stay and join us for a drink and networking.