Beyond the Next Parliament: Siezing the Longevity Dividend
Events of the last five to 10 years have inhibited the British state’s ability to plan for and deliver ‘good’ long-term policy. From the UK’s departure from the European Union to COVID-19 and the war in Ukraine, the UK government’s capacity to think beyond a typical parliamentary term has been severely hampered. This isn’t a party-political criticism, nor a slight on our dedicated civil servants. It is an assessment of the various structural and behavioural barriers that prevent longer term thinking in our politics. As experts in long-term risk management, the actuarial profession is advocating a return to long-term policymaking. Last autumn we published our policy prospectus Beyond the next Parliament, to suggest ways in which government and others can take an alternative approach to ensure a longer time horizon is considered in the policymaking process. As part of this campaign, the IFoA hosting a three-part webinar series, focusing on the key policy areas addressed in the prospectus. In the second event of the series, we will focus on how the UK can seize the longevity dividend. Advances in medical care and living standards means the population is living longer, but is the UK equipped to deal with the policy challenges this brings? That’s the topic our pensions and social care experts will debate.
Speakers
David Sinclair
Catherine Foot
Anna Brain
Debbie Webb
Chair: David Heath
Beyond the Next Parliament: Siezing the Longevity Dividend