Adapting advice processes to meet the changing needs of retirees

Retirement is not what it used to be. Not so long ago, choices for those approaching retirement were simple: you stopped work completely and took out a traditional lifetime annuity. However, the landscape has changed immeasurably over recent years and retirees have more choice than ever when it comes to turning their pension pot into an income. There are five key things consumers need to know and this is where advisers can really add value.  1. They may not need to retire  Just because they have reached a certain age, or had a load of paperwork from an insurance company, or because...