Keith Haggart discusses the trends which could act as catalysts for growth in the equity release market
The baby boomer generation has arrived, and with it comes one of the biggest shifts in the demographics of our retired population. This is a generation that has benefited from excellent economic conditions and unprecedented growth in property, and as a result they have lived with life's little luxuries. Arguably, this is the first generation with the cultural wherewithal to radically challenge traditional notions of ageing. So is it true to say this generation is about to reinvent retirement? Absolutely. As Alan Greenspan, former chairman of the Federal Reserve, perhaps somewhat dramatical...
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