a situation where the proportion of older adults, typically 65 and over, in a society is increasing

the potential difficulties individuals and communities may face in managing finances due to societal factors such as rising living costs and inflation

How do we financially protect an ageing population?

Citizenship

How is the financial system changing in a digital era?

How do we plan for the financial future?

Pupils explore what role financial systems play in our communities, they consider what personal responsibility they have for financial planning and what role government plays in this, focussing on the impact our ageing population has on financial planning.

How do we look after an ageing population?

Subjects which particular individuals may be sensitive to, eg, adoption, migration, bereavement or death, divorce, poverty, deprivation.

Depiction or discussion of sensitive content

a situation where the proportion of older adults is increasing

challenges in managing finances due to societal factors

when the general price of goods and services increases over time

Financial education can help people plan early for a secure {{}} for when they finish working.

What support does the UK Government provide older adults on a low income?

Charities and advice organisations often stick up for people's right on their behalf This is called...

Order these words to make a correct sentence about the Financial Control Authority.

What do the local government offer grants for?

An {{}} is a tax-free financial product often used to save for retirement.

Match the support service with the provider.

Only wealthy people need to save for retirement.

Anyone can benefit from starting retirement savings early.

You can only save for retirement when you are over 50.

Financial planning for retirement is only for business owners.

Which of the following sentences is correct about retirement planning?

What is a situation called where the proportion of older people, typically 65 and over, in a society is increasing?

helps people have enough money when they stop working.

through pensions, benefits and public services.

the time of life when you stop working, usually after a certain age.

Match the start of the sentence with its ending.

Order these words to make an accurate sentence.

How do we financially protect an ageing population?

Lesson outcome

Content guidance