Recent research from Prudential shows nearly half of 45 to 49 year-olds and two-fifths of 50 to 54 year-olds are unaware of the rise in the minimum retirement age from 50 to 55 which comes into effect on 6 April this year. Colin Simmons highlights the importance of making clients aware
With the increase in retirement age soon coming into effect, advisers are in a good position to help prepare their clients for this rule change. But while many advisers have readied themselves and their clients for the transition in April, there are still some who have yet to contact their relevant clients. Adviser roundtables carried out with Prudential at the end of last year revealed that advisers are divided in their opinions as to whether the rule change was an opportunity to engage with clients or another piece of unnecessary legislation. While many advisers had done nothing to te...
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