May 2020

Before And After: FinTech vs. Healthcare Covid-19 Crisis Series

By Stephanie MacConnell for Forbes This is the first in a series of articles comparing the Covid-19 crisis in Healthcare to the financial crisis in 2008 that led to an industry-shaping boom in FinTech. The world before the 2008 financial crisis looked different. Most interaction with a person’s financial institution happened inside of a physical branch and most services for an individual were provided by one bank and perhaps one wealth manager. When banks crumbled and the 401ks of average Americans...

April 2020

COVID-19 – an ageing world makes it harder to fight pandemics

By Andrew Scott The global fight against COVID-19 has triggered a surge of interest in the 1918 to 1920 influenza pandemic that killed more than 50 million people around the world. But while we can learn lessons from the past, we must recognise what is different this time and tailor our response accordingly. Read also US. How The Pandemic Is Making The Retirement Crisis Worse — And What To Do About It Above all, society is ageing. In 2018, for the first time in...

March 2020

The Economics of Ageing—What Do You Face?

By Ian M. McDonald The economics of ageing is the study of economic decision‐making by individuals and government aimed at fostering well‐being in old age. These decisions include preparing for old age and dealing with the risks of old age. The risks are substantial. Using the life‐cycle model, this article considers the risks for well‐being that people face in retirement and the role of government and private insurance in meeting those risks. The perspective of the life‐cycle model is...

Public Health and Disasters: Health Emergency and Disaster Risk Management in Asia

By Emily Ying Yang Chan, Rajib Shaw This book presents the health emergency and disaster risk management (H-EDRM) research landscape, with examples from Asia. In recent years, the intersection of health and disaster risk reduction (DRR) has emerged as an important interdisciplinary field. In several landmark UN agreements adopted in 2015–2016, including the Sendai Framework for Disaster Risk Reduction 2015–2030, the 2030 Sustainable Development Goals (SDGs), the Paris climate agreement, and the New Urban Agenda (Habitat III), health is...

Growing Coronavirus Epidemic Is Straining Europe’s Health-Care System

Doctors say the continent is ill prepared to face a worsening coronavirus outbreak, with shortages of equipment including protective gear and hospital beds. Doctors in European countries where the coronavirus has just begun to spread are warning that their health-care systems aren’t prepared for an outbreak on the scale seen in China, South Korea or Italy. The Italian government on Sunday started to enforce a lockdown of some northern regions including the cities of Milan and Venice in a bid to...

Continuing Care Retirement Communities (B2B Procurement) in the Netherlands: B2B Purchasing + Procurement Values

By Editorial DataGroup Europe The Continuing Care Retirement Communities (B2B Procurement) Netherlands eBook Report gives data on the Purchases of 41 Raw Materials, Semi-Finished, Finished Products, plus all other business-to-business Purchases and Expenses by the Companies and Entities in the Continuing care retirement communities sector. The Continuing Care Retirement Communities (B2B Procurement) Netherlands eBook provides 14 years Historic and Forecast data on the Business to Business Purchasing and Procurement in the Continuing care retirement communities sector businesses and organisations...

BBC coronavirus UK warning: Pensioners face ‘rapid increase’ in risk of death from illness

Sir Patrick Vallance outlined that the mortality rate of COVID-19 cases for people over the age of 80 is around eight percent, he then contrasted this with the mortality rate for children under which is "essentially zero". The Government chief scientific adviser stated that this was due to the likelihood of people over the age of 80 to have co-existing illnesses in comparison to any other demographic. Sir Patrick Vallance said: "Older people are vulnerable to all sorts of...

February 2020

Coronavirus, Global Aging & How Future Contagions May Affect Life In Retirement

The Novel Coronavirus is spreading. So is fear. Despite our alleged rational, technologically-advanced, and informed era – fear changes everything. Unfortunately, the fear factor around the current and future global contagions is likely to grow exponentially and is likely to disproportionately affect the lives and wellbeing of older people. News of the Coronavirus has spread far ahead of the contagion itself. Nearly every news source has headlined the virus. As of this writing, nearly 800 million hits can...

UK. The rising cost of care

What does the chart show? The disposable incomes of pensioners aged 65 to 74 after direct taxes are likely to increase by 1.9 per cent a year over the next 10 years — to give an average annual income of £41,500. However, with the average weekly cost of nursing care for self-funders at £1,035, the majority of retired households requiring these services cannot afford to pay the annual fees of £53,820 out of their income, according to research by Irwin...

Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes

The aim of this anthology is to provide new contributions to the collective knowledge of the issues and challenges of designing mandated and earnings-related universal public pension schemes (UPPS), in which a universal public nonfinancial defined contribution (NDC) scheme is one of four design options. In 1994, Nonfinancial Defined Contribution (NDC) Pension Schemes left the crib and was taking its first steps in Sweden, Italy, and Latvia. A couple of years later a fourth sibling was born in Poland, with...