With big improvements still needed to support those at and approaching retirement, Peter Bradshaw looks at what advisers ought to consider when talking to this generation of clients
It is a common understanding that the millennial generation has a preference for short-term saving over longer-term planning. In the news, we continue to read about younger savers potentially sleepwalking into a retirement nightmare that will end up with insufficient savings to cover the real cost of retirement. It is certainly true a combination of government-led initiatives and improved financial education is needed to safeguard the financial futures of this age group. That said, there is a more pressing need to actively support those closer to retirement. For those approaching or a...
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