Chris Pitt: Retirement planning no longer a 'one-and-done' decision

The latest IRESS retirement report, Staying Afloat in Retirement - Income and Annuity Perspectives, confirms what many advisers are already seeing in their dealings with clients: retirement is no longer a ‘one-and-done' decision. In the past, when people retired then, for all but the very wealthy, the guaranteed fixed income of an annuity generally met their later-life income needs. But changes to our demographics, social norms and the balance between generational finances have also changed the face of retirement, while pension freedom has given advisers and clients more options to meet ...