Alex Riley: My dad is a great example for planning (very) long-term

Clients are not 'average'

clock • 5 min read

While life expectancy averages can offer an indication for advisers and clients in financial planning, Alex Riley uses the example of his impressively aged and healthy father to point out that they are just that: averages.

That's my parents on the cover picture. My dad just turned 98. Yep, you read that right. My dad is 98. Not my grandfather, my dad. He's in pretty good shape and continues to live an engaged, active and independent life. My mum, although younger, is still a good 86. When my dad was born in 1923 the average life expectancy of a male in the UK according to the Office for National Statistics (ONS) was just under 56. FIFTY-SIX! My dad has surpassed that by 40 years! In their early lives, both of my parents survived periods that I could never imagine now. My dad came to the UK in 1948 as...

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

PA Asks: Should the FCA intervene to tackle pension delays?

PA Asks: Should the FCA intervene to tackle pension delays?

Plus, did the FCA's consolidation review go far enough?

Professional Adviser
clock 07 November 2025 • 1 min read
FE Fundinfo expands adviser platform with acquisition of Contengo

FE Fundinfo expands adviser platform with acquisition of Contengo

Deal intended to strengthen Nexus platform

Sahar Nazir
clock 07 November 2025 • 2 min read
Advisers warned against 'tick-box' cashflow modelling

Advisers warned against 'tick-box' cashflow modelling

Cashflow modelling ‘only as good as the information you put in’

Sahar Nazir
clock 06 November 2025 • 5 min read