Why advisers need a holistic approach to retirement planning

In addition, the Dilnot Commission’s report has highlighted how important it will be to integrate both the approach to long-term care and provision for pensions. The likely outcome of the various consultations, white papers and ultimately, legislation, is that individuals will be encouraged and, where necessary, required to take more personal responsibility for their long-term needs, including pensions, long term care and protection. The default retirement age has already been abolished, while the age at which the state pension can be claimed is to move upwards at an accelerated pace ...