Adrian Boulding: The multiple benefits of 'lifetime giving'

A new generational contract: A final report of the Intergenerational Commission, which was published last month, paints a bleak picture of the growing financial fault lines emerging between the generations. The contrast between the housing, work and pensions situations and prospects of the millennial generation aged 14 to 36 today (according to Howard & Strauss' definition of this generation born between 1982 and 2004), and the baby boomer generation now aged between 55 and 72 years old, is particularly stark. Starting with housing, the Commission's report finds millennials are only h...