Why younger clients are an opportunity firms should not overlook

Harness the power of technology to maximise client engagement

clock • 4 min read

Diversifying the age range of clients served by capturing young clients early in their journeys is a form of future-proofing, writes Yasmina Siadatan

I read recently that more than one in five people in the UK have cut their voluntary pension contributions or stopped them completely during the cost-of-living crisis. Younger people are most affected, with almost a third of the 18-34 age group having reduced or halted their payments. Auto-enrolment was meant to narrow the intergenerational pensions gap, but contribution rates for many are too low. People early in their careers have decades to make the most of the power of compounding - and the planned reduction in the minimum age threshold for auto-enrolment will help - but that time ho...

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 Awards 2026: Adviser category shortlists revealed!

PA Awards 2026: Adviser category shortlists revealed!

Championing the industry's best

Professional Adviser
clock 18 November 2025 • 3 min read
Titan Wealth builds Welsh presence with Thomas Carroll IFA acquisition

Titan Wealth builds Welsh presence with Thomas Carroll IFA acquisition

Thomas Carroll IFA is based in Caerphilly

Sahar Nazir
clock 18 November 2025 • 2 min read
The Openwork Partnership hires former Royal London exec as Omnis Investments CEO

The Openwork Partnership hires former Royal London exec as Omnis Investments CEO

Mehdi Kadhim joins

Sahar Nazir
clock 18 November 2025 • 2 min read