Old folks are back in the headlines again, and no I am not just talking about the rise of UKIP.
The most obvious manifestation of this financial greying of the markets was the IPO of Saga, buoyed by robust demand for its shares from its aged customers. But the issue of intergenerational wealth is also receiving attention from pointy headed thinktanks, not least the superb International Longevity Centre UK (ILC-UK). In June it will be hosting a meeting at the House of Lords outlining its latest idea, alongside Professor Les Mayhew from the Cass Business School – a brand new Equity Bank which will provide “a new way for people to unlock the equity in their home”. Traditionally, th...
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