Welcome!

News Feed Item

McCarthy & Stone Reveals Over 60s' Greatest Fears About Growing Older and Less Independent

LONDON, November 8, 2012 /PRNewswire/ --

And pledges to make 'later life greater life' with help from its new advisory board  

A survey by McCarthy & Stone, the UK market leader in assisted living development, has found that the risk of becoming a burden to their children is the over-60s' greatest concern in relation to getting older and less independent.

The research, which was conducted by McCarthy & Stone as part of its commitment to challenging perceptions about ageing and transforming later life, found 60 per cent of respondents were worried about becoming a burden to their children.

This set the issue ahead of any of the other financial or practical considerations about coping in later life that were put to 1,000 people aged over-60, who took part in the survey.

Concerns that came further down the list included the ability to pay nursing home fees long-term (41 per cent) and not having any plans in place for future care and housing needs (23 per cent).

Fifteen per cent of respondents worried about how they would manage financially in their current home and 11 per cent did not know what options might be available.

To help tackle the fear and apathy that commonly exists around housing and care in later life, McCarthy & Stone has appointed a new non-executive advisory board to help inform new product development as well as supplement the company's current lobbying activity in a bid to bring about positive, lasting change.

Known as the Greater Life Advisory Board, the initiative comprises six professionals, aged over 50, who have first-hand experience of making later life decisions. They are tasked with helping to re-imagine and re-engineer products, services and perceptions around ageing in a way that will help more people experience a greater life in later life.

The new board members include former Government Health Minister - Edwina Currie who became a Member of Parliament in 1983, where she spent 14 years and served as Minister under Margaret Thatcher in the Department of Health, responsible for public health and women's health issues.

The board will be chaired by Steven Bedford, who has over 20 years' general management experience at board level in retail and customer driven businesses.

In 2007 he led a management buy-in to The Marvellous Group, a specialist maternity and children's business.  Previously, he was chair and co-owner of Build-a-Bear Workshop UK, Eire and France, having co-founded the venture in 2003.

Ali Crossley, Executive Director of McCarthy & Stone, said: "Our research shows that although many older people worry about how they will cope in later life and do not want to become a burden to their children; a concerning  proportion of them do nothing about it.    

"Our new advisory board will help us tackle the negativity and inertia that commonly surrounds planning for later life.  We will do this by creating new products and services to meet the needs of the UK's ageing population, which will see one third of all its households occupied by people aged over 65 within the next 20 years.

"We will also lobby the Government to make changes that will help us to fulfil our ambition to see older people live richer, more rewarding and fulfilling lives."

For more information:
Andrew Baud, [email protected], +44(0)20-3397-3383 or +44(0)7775-715775

Kate Habberley, [email protected], +44(0)20-3397-3383 or +44(0)7943-333362

Notes to Editors

McCarthy & Stone is Britain's leading builder of retirement apartments, responsible for the construction of more than 40,000 homes for more than 45,000 residents.  The company is renowned for its focus on the needs of people in later life

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal ...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
"There is a huge interest in Kubernetes. People are now starting to use Kubernetes and implement it," stated Sebastian Scheele, co-founder of Loodse, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Providing secure, mobile access to sensitive data sets is a critical element in realizing the full potential of cloud computing. However, large data caches remain inaccessible to edge devices for reasons of security, size, format or limited viewing capabilities. Medical imaging, computer aided design and seismic interpretation are just a few examples of industries facing this challenge. Rather than fighting for incremental gains by pulling these datasets to edge devices, we need to embrace the i...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walked through how Octob...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.