Mr. Justin Moran:

The definition will continue to change as we live longer. The State pension kicks in at 66 and there was a time when one might have expected to live into one's late 60s and early 70s. We are going to be living into our 80s and 90s, which is something to be celebrated. It is often seen as the pensions time bomb, but it is one of the biggest success stories globally over recent years that people are living longer and healthier lives. Therefore, the definition of old age is going to change as we live longer, healthier and more active lives.