Author: Age NI
Published on 12 June 2014 09:30 AM
Responding to the launch of two reports today from CARDI dealing with wealth, inequality and ageing across the island of Ireland, Linda Robinson, Age NI Chief Executive commented:
‘We welcome the launch of both reports today as they provide valuable evidence about the lives of older people across the island of Ireland. The story of these reports is one which Age NI has been trying to tell for a number of years. Older people are not all the same - there can be huge differences in their wealth and income.
‘It should come as no surprise that people in later life have accumulated wealth across their life-course. However, today’s data tells us that this is only the case for some older people. There are significant and increasing disparities in the incomes of Northern Ireland’s richest and poorest pensioners to the tune of approximately £570 per week. CARDI’s reports have real implications for policy moving forward, not least in indicating the importance of pension reform to deliver for older people now and for future pensioners, as well as the need for a lifecycle approach to addressing disadvantage across the life course.
‘Better outcomes and opportunities for people throughout their lives, specifically in education and employment, will result in reduced inequalities when those people reach later life. This is in all of our interests to get right.’