A changing world calls for new retirement plans

pensions

An ageing population means retired people will need to look to investment products, while the government may have to raise the retirement age and National Insurance contributions

A changing world has led to significant developments and legislative amendments in the pensions industry and retirement marketplace. A-Day will bring in a number of changes, but what other developments will take place further ahead, and how will this affect pensions products? Demographics, longevity and legislative change have all had a significant impact on the pensions industry and pensions products, and there is little evidence to suggest that this change will face a slowdown in the years to come. The industry has been revolutionised in the past 10 to 15 years, in particular when it c...