Dymott's Digest: What the future of retirement planning looks like

The retirement market will fundamentally transform over the next ten years as 95% of the baby boomer population reach retirement age. The fact that it is thought 80% of UK personal wealth is held by this cohort shows the significance of this market change. As an industry, we have typically focused on designing solutions for those individuals accumulating wealth and we now need to design an entirely new set of solutions for distributed wealth. So, over the next ten years, what exactly might we see? 1 The majority of long-term savings providers and advisers will be focusing on the ...