Raeside Chisholm Solicitors

Small medium-sized enterprises may be risking the fulfillment of their full potential as a business being unprepared to adapt to the changes in the labour market caused by an aging population.

The Carers Trust and the Men’s Health Forum carried out a survey of male carers at the beginning of 2014. The survey revealed many concerning statistic about male carers and made clear that greater support must be made available. This Post outlines some of the main facts revealed by the survey, and the suggestions for changing these statistic for the better.

Retirement is life changing for most people - regardless of whether you are retiring with a partner or alone.

As a result of Government consultation, larger firms will now be required to publish information about their payment practices. The government will also act to get rid of legal barrier which prevent firms from accessing invoice finance.

Age UK has recently published a report of the Financial Services Commission regarding the financial resilience of people as they grow elderly. The report showed that people aged over 85 are in the fastest growing segment of the UK population and people aged over 65 provide a vital contribution to the economy, spending more than £121 billion a year.
 
However, although there has been a great decline in pensioner poverty, economic advances have also meant greater economic independence and economic uncertainty. For example, the current sustained period of low interest rates could not have been predicted and this is greatly affecting the planned finances of the aging population.