Retirement as we know it is changing. The coronavirus pandemic has cast a long shadow over stock markets, causing many prudent savers to consider delaying their retirement to boost their future income. Similarly, working from home and adjusting to a simpler lifestyle has given many people a taste of what retirement could be like, and how their spending needs could be adjusted. One-third of workers in later life say they intend to keep working part-time to supplement their income, perhaps trying a new career or using a redundancy pay-off to start their own business.
With so much uncertainty ahead, many people in their 50s and 60s are wondering if their retirement plans are on track, or need to be adjusted - and if so, what they need to do to close the gap. The good news is that the flexibilities from pension freedoms and new products such as drawdown mean there are multiple routes to retirement to consider. Amid this uncertainty, how can advisers provide bespoke solutions to investors? How does the future of the retirement market look like? Which assets could personal investors look at as they approach retirement?
At this webinar, Financial Times and Canada Life will explore performance and outlook for retirement portfolios, discuss how advisers and financial planners could best guide investors through different options and uncover the best strategies to protect investors’ wealth.