Life expectancy in the UK has doubled since the mid-19th century but maintaining a good quality of life during older age can be a challenge for many and loneliness has become a serious issue.
A lack of suitable homes that promote social interaction is exacerbating the problem. There are around 1.2 million chronically lonely older people in England alone. This isolation has a serious impact on their health and happiness and research has shown they are more likely to develop dementia than the rest of the population.
At Legal & General we are investing for the long term in revolutionary later living communities that are tailored to the lifestyles of the over-65s and are making a real difference. We are already operating six later living villages in rural and suburban locations in Cheshire, Hampshire, Warwickshire, Devon and West Sussex through Inspired Villages, a developer and operator of later living accommodation that we established in 2017.