During 2022 we reviewed our 2021–23 strategic focus to look at the impact we were making.
Our trustees agreed that evolving our strategy to focus more clearly on older people facing financial hardship would mean we could help more people and so increase that impact.
Supporting people facing financial hardship has been a priority for Independent Age since our foundation more than 160 years ago.
The number of people facing financial hardship is growing – more than two million older people live in poverty in the UK, and at least one million more live with precarious finances. Living in financial hardship affects older people's health, intensifies loneliness and reduces quality of life – so we can and must work to prevent and alleviate it.
Our history and financial position mean we are uniquely placed to address this challenge and to become the only national charity dedicated to supporting people facing financial hardship in later life.