Elderly hold the key to exciting future

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People in their 60s and 70s are the foundations upon which nations depend, argues the recently relea...

People in their 60s and 70s are the foundations upon which nations depend, argues the recently released HSBC Future of Retirement Study. The biggest study of older people ever undertaken destroys the myth that they are a burden on society, according Ian Martin, head of pensions and retirement incomes at HSBC. Martin said old age represented fantastic opportunities for businesses, particularly in the financial services sector. He said: "75% of global wealth is held by those over 55 and, in the UK, there is £1000bn tied up in the homes of those over 65. The need for financial advice is unpr...

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