What does the future hold for 'traditional' products?

I have read in the press that life expectancy in Britain is increasing by 20 minutes every hour, and that as a whole the nation is woefully unprepared for the financial implications of this . A fact that was reinforced by our own research this year, which found that the average pension shortfall in the UK was more than 20% and that on average we will be £4,613.96 per year worse off in retirement than we expected . With increasing longevity and a gap in retirement saving, it is increasingly important for consumers to consider the planning options available and how to make the most of t...