21/05/2026
📝 The UK government's Pensions Commission interim report - it's encouraging to see CPC-CG research referenced and acknowledged in the report, which sets out the challenges that the UK's pensions system is facing to 2050.
It has been 20 years since the UK carried out a review of its system. Since then, changes have created new challenges for pensions, such as people living longer, declining birth rates, and the changing landscape of work and living arrangements.
One major issue is around the growing care needs of an population, and how this interacts with longer working lives and the financial preparations people make for older age. While the demand for informal caregiving is increasing, many individuals remain unprepared for their future long-term care needs, and policies aimed at promoting workforce participation are clashing with the realities of caregiving responsibilities.
In particular, the report cites research led by CPC-CG Co-Director Professor Maria Evandrou and CPC-CG Director Professor Jane Falkingham, with Dr Min Qin and Professor Athina Vlachantoni, which shows that policies encouraging older adults to remain in employment, such as the UK's '50 PLUS Choices', are in direct conflict with the rising reliance on informal to provide social care.
Using Understanding Society data, the study team has found that informal caregiving responsibilities significantly reduce employment participation, particularly for those providing intensive care (20+ hours per week). Older working carers face an increasing struggle to balance employment and care responsibilities, particularly as cuts to public funding for adult social care continue to shift the burden onto families.
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