Retirees will be given a projection of how long they are going to live as part of the government's guidance-for-all pledge. Jenna Towler gauges adviser reaction to the move…
The government intends to make life expectancy (or more candidly how long you have got left) a key point of its retirement guidance-for-all policy. Pensions minister Steve Webb said as people are "living a lot longer" it is essential they have the most up-to-date information. He said people often underestimate how long they are going to live and there is a danger savings will run out before they do. He added giving out more information on longevity would help people plan accordingly. This will form part of the government's pledge that every retiree will get face-to-face, free, imp...
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