Rob Childs, senior analyst at DST International talks to Helen Morrissey about the findings of this month's Inquiry and highlights how the retirement planning industry will develop
How has the retirement planning industry evolved in recent years? The growth of the internet has had a significant impact on the industry from a tools perspective. With broadband coverage increasing tools have become more sophisticated and things such as stochastic modelling have really developed and we can do increasingly complex calculations in a realistic time frame. The advent of A-Day has also brought more complex retirement planning strategies into the mainstream and so tools have had to evolve to cater for them. Previously planning tools were aimed at the accumulation phase as pe...
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