About Intergenerational foundation
Intergenerational Foundation: Promoting Intergenerational Fairness
Intergenerational Foundation is an independent charity that aims to promote intergenerational fairness and work for the interests of younger and future generations. The organization was founded in 2010 by Angus Hanton, a former investment banker, and David Kingman, a researcher on intergenerational issues.
The Intergenerational Foundation believes that current policies are often biased towards older generations at the expense of younger ones. This can be seen in areas such as housing, education, pensions, and healthcare. The charity seeks to raise awareness of these issues and advocate for policies that are fairer across generations.
One of the key areas where the Intergenerational Foundation focuses its efforts is housing. The organization argues that rising house prices have made it increasingly difficult for young people to get onto the property ladder. This has led to a situation where many young people are forced to rent or live with their parents well into their thirties or even forties.
To address this issue, the Intergenerational Foundation has proposed several policy solutions. These include increasing supply by building more homes; reforming planning laws to make it easier for developers to build; introducing measures such as rent controls or longer tenancies; and exploring alternative models such as community land trusts.
Another area where the Intergenerational Foundation is active is education. The charity believes that access to high-quality education should be available regardless of background or income level. However, rising tuition fees have made higher education increasingly unaffordable for many young people.
To tackle this issue, the Intergenerational Foundation has proposed several policy solutions including reducing tuition fees; increasing funding for further education colleges; expanding apprenticeship programs; and exploring alternative models such as income-contingent loans or graduate taxes.
The charity also advocates for fairer pension policies that take into account demographic changes such as an aging population and longer life expectancies. The Intergenerational Foundation argues that current policies are often unsustainable and may lead to intergenerational conflict in the future.
To address this issue, the charity has proposed several policy solutions including increasing the retirement age; introducing means-testing for certain benefits; exploring alternative models such as collective defined contribution schemes; and encouraging greater private savings through tax incentives or other measures.
Overall, the Intergenerational Foundation is a vital voice in promoting intergenerational fairness and advocating for policies that benefit younger and future generations. The organization's work is essential in ensuring that current policies do not create unfair advantages or disadvantages across generations.