New world retirement planning: The key risk factors

The babyboomers joined the workforce at a time when retirement planning was often the responsibility of their employers. They are now retiring into a world where the responsibility is their own.  They are likely to have changed employers several times and have many types of pensions in many different places. Increasingly, they are asked to make a plethora of decisions, previously only made by large insurers with the ability to pool risk. While new pensions flexibility will allow an individual to design a retirement plan to meet their own specific circumstances, not many people will...