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Best of the Spectator

An ageing population and a life of learning

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 29 November 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

As Britons live longer and the population ages, society will soon have to rethink what it means to be of ‘working age’. Training and learning will have to be offered to older age groups who are healthier and more capable of work than their predecessors; while healthcare room to improve in making sure that health conditions are not barring those who wish to work from working. What can employers and the government do, armed with the right information and analysis, to prepare for this transition?

On the special podcast episode, Martin Vander Weyer, The Spectators business editor is joined by Guy Opperman, Minister for Employment at the Department of Work and Pensions, Dame Carol Black DBE, FRCP who is a physician and academic; and Catherine Foot, who is the Director of Phoenix Insights.

This podcast is kindly sponsored by Phoenix Group.

Transcript

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0:00.0

Welcome to this Spectator podcast in partnership with Phoenix Group, the UK's largest long-term savings and retirement business.

0:19.0

I'm Martin Van der Weir. I'm the business editor of the Spectator.

0:23.6

And it's my pleasure to host this discussion on the implications of an aging population,

0:30.6

of living longer. What does that mean for work and what does it mean for health?

0:35.6

I'm delighted to be joined by three distinguished guests.

0:40.1

They are Dame Carol Black, who is a leader of the British medical profession,

0:46.2

a former president of the Royal College of Physicians,

0:50.5

a former advisor to the British government on the relationship between work and health,

0:56.3

and currently chair of the Centre for Aging Better.

1:01.5

Our second guest is Guy Opperman, MP, who is Minister of State for Employment at the Department of Work and Pensions,

1:09.4

and previously was Parliamentary Under Secretary of State for Pensions, and previously was Parliamentary Undersecretary of State

1:12.5

for pensions and financial inclusion.

1:16.5

And our third guest is Catherine Foote, Director of Phoenix Insights.

1:21.2

I'm going to just start with Catherine.

1:23.9

I know you've got some new research out on this subject.

1:26.8

Just tell us a tiny bit about Phoenix Insights and how you come at this subject matter.

1:32.7

Thanks, Martin.

1:33.5

So I'm part of Phoenix Group, which is the largest long-term savings and retirement business in the UK.

1:41.9

We've got 13 million customers and about 8,000 staff and have set up Phoenix

1:48.1

Insights, this new think tank, a centre for research analysis and also broad public engagement,

1:55.5

really in recognition of both the challenge and the opportunity that we as individuals and us collectively as a nation

2:04.4

are faced with in light of our now much longer lives that we can enjoy than previous generations.

...

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