Simon Goldthorpe: Now is the time to engage with 'at retirement' clients

'Too much emphasis on accumulation phase'

clock • 4 min read

Based on their own day-to-day interactions with clients, advisers often assume that it's the younger generations who are ‘going it alone' when it comes to financial planning, observes Simon Goldthorpe. Here, he writes at-retirement clients have never been in more need of attention...

Yet a number of recent studies - including a 2019 report from the Pensions Policy Institute (PPI) - have found that it is, in fact, the over-65s who are less likely than average to employ a financial adviser. Furthermore, the PPI warned that advice currently places too much emphasis on the accumulation phase - on the point of transition into retirement - despite the ‘pension freedom' reforms of 2015 making decisions much more complex throughout later life. It has arguably never been more vital that your clients have a decumulation strategy. Here's why - along with some tips for easily...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

SFO secures six-figure confiscation order against Axiom Legal Financing fraudster

SFO secures six-figure confiscation order against Axiom Legal Financing fraudster

David Kennedy is currently serving an eight-year prison sentence

Sahar Nazir
clock 22 December 2025 • 1 min read
Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Higher proof-of-value demands and operational challenges keep private markets on margins of UK advice portfolios

Sahar Nazir
clock 19 December 2025 • 9 min read
Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Business development exec Lawrence Patrick joined charity The Mehiel Foundation

Professional Adviser
clock 19 December 2025 • 1 min read