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We think this research is important, and the Economic and Social Research Council agreed to fund it, because it will teach us more about ageing, the lives of older people, and how government policies can help.  There is a very large body of research on how younger people manage their money, especially younger couples, but as is often the case with research, older people are generally not included.  Yet in the UK there are now more than 11.5 million older people - almost a fifth of the population - and by 2030 people over state pension age will be almost a quarter of the population.  The financial experiences and needs of older people should also be investigated. 

Our project is funded to interview couples but we think these issues are equally important for people over pension age who are not in couples, and we hope to conduct research about this in the future.  Whether you live alone or with others, we would be interested to hear your views and we hope that you will complete our survey.

We think there are a number of interesting questions that arise, but we would also be interested to hear your views about these matters.  We are hoping to gain a deep understanding of how much money people have; what the different sources of money into households are; how people divide, manage and share their money; how money and gifts are given and received between family members; what influences the way that people think about and deal with money; and what people's hopes and concerns are for the future.  If we understand this, then we will know much more about inequality in society, how people manage money over their lifetimes, how people spend money and who makes these decisions, how people age, how being part of a couple changes as you age, and what impact growing older has on finances.

We hope that we will be able to convey messages from this research to the financial services sector and to government. 


In this section of the website, which is called "ABOUT" because it tells you about the project, you can learn more about WHO is conducting this research, HOW the research is being conducted, WHY  we are conducting this research, and what our AIMS are in conducting this research.  You can either click on these highlighted words to find out more, or click on the orange tabs above the title on this page.