Financing later life: pensions, care, housing equity and the new politics of old age
Financing later life: pensions, care, housing equity and the new politics of old age
In Chapter Four, Deborah Price and Lynne Livsey examine ‘the politics of old age’ in the contemporary UK setting. In particular, they analyse recent developments in the financing of later life, principally through changes in pensions and long-term care. Along the way, they also deal with associated challenges for older citizens, including the management of income, assets and savings in the context of competitive or quasi-competitive service regimes. These programmes, Price and Livsey argue, require older people to have made what can be conceived as the ‘right’ financial decisions ‘for the whole of their adult lives’. In this way, individuals are constructed by government as ‘malleable subjects’ who can be ‘nudged’ into ‘becom[ing] financially capable, fiscally competent, actuarially aware subjects’. The authors contend that new social inequalities can emerge through amended risk and reward mechanisms.
Keywords: Later life, Old age, Finance, Care, Income, Assets, Savings, Inequality, Risk, Reward
Policy Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.
