VIDEO Longevity: Filling the funding gap - Part 1

Recent government stats predict that almost one in five people will live to see their 100th birthday. While, this is something to celebrate it does raise important questions as to how people will fund their extra years.  The state pension age is increasing in response to these demographic trends but occupational and personal pension savings remain low. It’s also worth pointing out that longer life expectancy does not necessarily equate to healthy life expectancy and so an increasing number of people will find themselves having to fund long term care. It is often the case that r...