Time for a reality check

However, many of these people are now at or near retirement and their pension assets will gradually decline, as income is taken. With assets under management a key aspect of remuneration after the Retail Distribution Review, long-term business planning for advisers must look beyond the baby boomers. Recent Standard Life research1 shows the significant opportunity that is available by helping the next part of the population -–often known as Generation Y – to save more for their future. These are the 28 to 40 year olds who, generally speaking, have little or no long-term savings, and wh...