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News - 29 May 2012

Survey shows UK lagging behind on elderly care

According to a new report by the WRVS charity, which compared British pensioners with their counterparts in Sweden, Germany and the Netherlands.

Overall Britain came third out of the four countries, but our elderly were the most likely to feel isolated, had the lowest net income and felt victims of age discrimination.

David McCullough, chief executive of the WRVS, told Sky News: "This research highlights the sad truth about growing old in Britain today and should act as a wake-up call.

Its survey discovered that more public spending on elderly services was not the only answer.
In Sweden and the Netherlands higher rates of volunteering were also having a positive effect.

Lavinia Newman of ABDS says:
“With increasing pressure on public budgets, this is an important moment to consider what it is that makes a country a good place to grow old, and where possible to learn lessons from our European neighbours on the policies and services that are most effective in giving older people a good quality of life.”

If you need any help and advice on retirement planning or a similar matter don’t hesitate, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar NOW to discuss how ABDS can help in all your financial planning and business advice.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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