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News September - October 2007

 

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Boomer or bust (Canada)

Retailers try to reflect the needs of the biggest, most powerful demographic ever. So why are middle-aged women still not buying it?

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(Source: Vancouver Sun)


Retirement can wait (USA).

Baby boomers contemplate a variety of work options.

According to a recent survey eight in ten baby boomers plan to continue working in their retirement years.

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(Source: California Job Journal)


Demand for equity release plans rise

The demand for equity plans by the British public shows little sign of slowing, reveals Key Retirement Solutions' Market Monitor, which tracks activity in the the equity release market.

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(Source: Easier Finance)


Over 50s shop assistants disregarded by customers

Half of men want a female shop assistant to be under 34 years old. 97 per cent of men expressed a preference to age.

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(Source: onrec.com)


Consumers 'completely disengaged' from pensions - report

Consumers have "completely disengaged" from pensions as a retirement vehicle, according to The Pensions Report 2007. The annual report shows the public harbours a deep mistrust of government, traditional pension providers and advisers.

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(Source: ifaonline.co.uk)


Older workers in labour market (New Zealand)

A tight labour market and ageing population have combined to create an increase in over-65s staying in the workforce. Two-fifths of men and one in five women aged between 65 and 69 were in full or part-time employment at the time of Census 2006, a Statistics New Zealand report said.

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(Source: stuff.co.nz)


Sex, lust and passion top baby boomer love expectations

Sex on a first date is twice as likely for singles over 50 than for their under-40 counterparts, according to a new survey published by Wanobe.com, the UK lifestyle site for people in the prime of their lives.

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(Source: Mature Market)


Number of bankrupt pensioners doubles in five years

Twice as many pensioners are being declared bankrupt compared with five years ago, a new report claims.

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(Source: Herald)


Employers 'positive' about older workers

Most employers say they have positive attitudes to older workers, although they are more reluctant to recruit the over-50s and training seems to tail off for this group. These are the headline findings of a qualitative study looking at how employers are responding to an ageing workforce, carried out by the Centre for Research into the Older Workforce (CROW).

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(Source: HR Zone)


Older workers 'take less sickies'

Older people are much less likely to take time off work when they do not need to, research shows.

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(Source: hi-mag.com)


Over-50s 'happier than they have ever been'

The over-50s in Britain are happier than at any other time in their lives, says a report today. The Government study suggests 50 is the new 30, with many who have passed their half-century feeling in the prime of life. Often dubbed "Gotys" - Getting Older, Thinking Younger - they are ambitious, financially more secure and less stressed.

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(Source: Daily Telegraph)


Boom in Britons reaching the age of 100

The number of Britons reaching the age of 100 will hit a record of 9000 today (1/10/07) and is expected to reach 40000 by 2031.

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(Source: Daily Telegraph)


Ageism 'endemic' in the workplace

Ageism is still 'endemic' in the workplace despite new laws coming into force last year, a study suggests. Since the new laws came into force, more than 2000 claims have been lodged with the Employment Tribunal Service, the Employers Forum on Age report said.

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(Source: BBC)


Seeing into the future

By the time we reach old age, half of us will suffer from a degenerative eye condition. But we can keep our sight if we look after it when we're younger.

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(Source: ABC Health and Wellbeing)


Consumers of all ages seeking advice and tips from review sites

The power of independent travel review websites is finally being realised as consumers increasingly turn to them for advice and tips about products and services.

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(Source: Travolution)


A world of difference awaits the early retirer

The curbs on EU citizens in France using its state health system is hardly unprecendented.....

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(Source: Daily Telegraph)


Inheritance tax 'snaring 135 homes a day'

More than 135 homes a day will be trapped in the inheritance tax net over the next year, according to research by Britain's biggest mortgage lender.

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(Source: Daily Telegraph)


The next business trend - welcome to the future

In business the market place is continually changing as the demographics of the population shift......

The biggest change taking place now and over the next few years is the rise in power of the mature (50 plus) market.

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(Source: pr-gb.com)


Financial problems when moving abroad

If this year's torrential rain has left you dreaming of moving abroad, remember to take time to plan your finances before packing up and heading to foreign climes.

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(Source: BBC)


UK pension 'confidence crisis' deepens

Britain's pension gap continues to increase with more than a quarter (26%) of British adults failing to make any provision for retirement, according to data from the annual retirement confidence index (RCI) provided by financial services provider, Alliance Trust.

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(Source: Easier Finance)


UK: The generation gap shows, as concerns of the over 50s diverge

There is a growing division between the concerns of the older generation in the 50 plus population, according to research from Abbey.

The results show a clear difference between concerns of the 50 to 65 year-olds - which includes the baby boomers and 1950s children - and those of the 65 plus generation

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(Source: Mature Market)


Job swappers urged to check "lost" pensions

Employees have been urged to check their pension entitlements after a government survey revealed that half of UK adults had no idea how much money they had in retirement savings.

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(Source: Guardian)


Online businesses: 55-plus age group will have have increasing effect on retail

Who would have believed that in a little over a decade since the internet first emerged we are on the cusp of witnessing the 55-plus age group having the largest representation online.

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(Source: Daily Reckoning)


 

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