Why joined-up advice will add up to better outcomes

Recent government data conclusively makes the case for advisers to include property wealth in retirement and inheritance planning conversations with clients to deliver better outcomes. Office for National Statistics household finances data shows average pension wealth held by those aged 55 to 64 is currently around £137,800 rising to £145,900 for those aged 65 to 74 and dropping to £59,700 for the over-75s. The averages demonstrate an overall picture of older people being woefully under-saved into pensions given longevity expectations and cost of living in retirement, but for those in...