Why retirement income approaches need to change

Why retirement income approaches need to change

Emma Byron, L&G In 50 years’ time there is set to be an additional 8.6 million people aged 65 and over in the UK alone. In just a few decades, therefore, there could be as many as 20 million different retirement plans for 20 million over 65s.

We are in the midst of a huge demographic shift, and that means the need for a significant change in our approach to later life planning and retirement income.

With a widening pool of older people comes a much broader range of circumstances, requirements and preferences for later life working and income.The “one size […]

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