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House of Lords’ Economic Affairs Committee report: Preparation for an ageing society
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UK is Unprepared for an Ageing Society, Facing Increasing Costs and a Shrinking Tax Base
Successive governments have failed to focus on the issues raised by an ageing society. Raising the State Pension Age, which governments of all hues have tried, is not a solution as many people in their 50s and 60s leave the workforce much earlier. The Government must prioritise measures to incentivise people in their mid-50s to mid-60s to remain in or return to work. Even higher levels of immigration, which may be too large for many voters, woul…
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