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

Female client focus 'vital' as great wealth transfer comes

Female client focus 'vital' as great wealth transfer comes

Intergenerational wealth planning importance

Professional Adviser
clock 06 February 2026 • 1 min read
Andrew Goodwin: Flipping the narrative on successful investing

Andrew Goodwin: Flipping the narrative on successful investing

'He's a pinball wizard, there has to be a twist'

Andrew Goodwin
clock 06 February 2026 • 4 min read
Paraplanners' confidence holding back progression

Paraplanners' confidence holding back progression

Aspiration and confidence gap over future career paths, SOTAN report finds

Isabel Baxter
clock 05 February 2026 • 3 min read