Dealing with reality

I don’t believe there are many people out there who ­disagree with the view that the financial services industry has taken a bit of a bashing over the past couple of years. There are going to be knock-on effects of the events of recent times on product providers, IFAs, and – ultimately – consumers, both now and when they reach retirement and wish to draw a pension.    To highlight some of the issues facing the UK’s future pensioners, AXA Wealth recently developed a new index measuring affordability and volatility in retirement saving. It discovered a worryingly significant disparity...