The UK population is ageing rapidly, but the Committee found that the Government and our society are woefully underprepared
The Committee focused on the implications of an ageing population for individuals and public policy in the near future, the decade 2020–2030. Key projections about ageing include:
- 51% more people aged 65 and over in England in 2030 compared to 2010
- 101% more people aged 85 and over in England in 2030 compared to 2010
- 10.7 million people in Great Britain can currently expect inadequate retirement incomes
- over 50% more people with three or more long-term conditions in England by 2018 compared to 2008
- over 80% more people aged 65 and over with dementia (moderate or severe cognitive impairment) in England and Wales by 2030 compared to 2010.
These developments will have a profound impact on a broad range of public services. The Committee outlined how changes will be necessary in health and social care, pensions and savings, attitudes to ageing and retirement, and housing provision, and considered questions of fairness within and between generations. See the report home page for links to further videos of Lord Filkin discussing these issues.