UK’s National Endowment for Science, Technology and the Arts [NESTA] recently published a report that highlights the challenges of our ageing society and posits that individually and collectively we are not prepared.

NESTA contends that without radical action, in an aged society we could face bankrupt and decrepit public services, empty private pension funds, a crisis of legitimacy for public services and the state and widespread social division and generational tension as a result of the higher dependency ration of working taxpayers to pensioners.

The report outlines the innovations needed to help people prepare more successfully for older age and to support them more effectively in older age.   The onus is spread between public, private and third sectors but the leadership must come from government.

With health care a hot topic in many countries now this report could provide some helpful insights into potential solutions for long term care as part of the debate.