The Generation Game: Are the golden days behind us?

AXA Wealth specialist products managing director Nick Elphick on the need for financial advisers and providers alike to be more innovative in creating products and services to provide solutions for those at and in retirement.

Laura Miller
clock

AXA Wealth specialist products managing director Nick Elphick on the need for financial advisers and providers alike to be more innovative in creating products and services to provide solutions for those at and in retirement.

The idea of retirement changes depending on who you speak to: for some it is a set date in time when they are going to stop working and begin to enjoy the longest holiday of their life. For others it is about spending more time with their family, while others still may be considering working longer but reducing their hours. However, with increasing longevity, low interest rates that are eroding savings, low annuity rates affecting people's pension income and rising costs of living, the idea of retirement - and more importantly how we're going to afford it - is constantly evolving. The id...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

British Steel a stark reminder of obligations around client files

British Steel a stark reminder of obligations around client files

Lawyer Philippa Hann reflects on her work around the pensions case

Hope Coumbe
clock 27 March 2024 • 2 min read
SSAS and the general levy: A victory for common sense

SSAS and the general levy: A victory for common sense

The value of SSASs after general levy consultation outcome

Caitlin Southall
clock 26 March 2024 • 5 min read
Pension dashboard operators join forces to push project forward

Pension dashboard operators join forces to push project forward

Coalition aims to bring 'dashboards to consumers as early as possible'

Jasmine Urquhart
clock 25 March 2024 • 2 min read