The at-retirement market has entered what may well turn out to be a period of significant change.
Driven by the new Coalition Government, regulation, innovation among product providers, demographics, and retirees wanting a more active retirement, more is being demanded from the industry in the at-retirment space. But is the industry responding?
Log in to our At Retirement Conjecture debate to hear industry experts answer adviser questions on how the industry needs to evolve if it is to meet peoples' needs in the future. What effect will relaxation of the Age 75 rule have on the market? Will early access to pension savings ever happen? Should the open market option become the default process for people entering retirement? Can we expect a whole new approach to pensions and retirement from the new government or will we just keep going over old ground?
The At Retirement panel includes:
John Moret - Director of Marketing, Suffolk Life
Steve Lowe - Marketing Director, Living Time
Vince Smith-Hughes - Head of Business Development for Pensions, Prudential UK
Click the relevant link below to listen to this debate:
To increase ‘national footprint’
Reacting to higher US rates
‘Charity lump sum death benefit’
Our weekly heads-up for advisers
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.