Talking about my generation

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I thought The Who song would be an appropriate title for my first blog for IFAonline . When Life Trust launched in January I think there may have been many IFAs asking "who?" However the impact that increasing longevity is having on the retirement planning landscape was not something of an unknown at all.

On the whole, advisers know that people are living longer, and are only too aware of the implications this has to their clients’ portfolios and the value that they will receive in retirement. Not a week goes by without some coverage of the growing pension crisis and further speculation about the rising longevity curve. The latest statistics from the Office of National Statistics predict that the average life expectancy for a baby born born today is 77 years and 81 for a baby girl. Looking back to the same statistics just over 50 years ago, where a boy would on average live until he was 66...

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