Baby boomers want retirement help not fancy products - research

Nicola Brittain
clock

Baby boomers, who will own almost 75% of retail assets in five years, are looking for safe retirement solutions rather than ‘market leading' products, according to a report released today.

The annual Create report from Principal Global Investors, which questioned more than 700 asset managers, pension plans, pensions consultants fund distributors and administrators from 29 countries, found that, in the experience of those questioned, the majority of these asset holders will opt for these safer retirement solutions over outperforming products.     Of those that cited this as a trend, 53% said retirement needs would include regular income, 46% said capital protection, 42% said inflation protection, 39% said consistent low volatility returns, while 34% said capital growth. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Investors take group action against RL360 over collapsed funds

Investors take group action against RL360 over collapsed funds

Claim brought to Isle of Man to seek compensation for losses

Isabel Baxter
clock 27 March 2025 • 2 min read
Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Catch up on the discussion

Professional Adviser
clock 25 March 2025 • 1 min read
Other investing strategies are available: Performance chasing has served well despite risks

Other investing strategies are available: Performance chasing has served well despite risks

'Perhaps not surprisingly in such momentum-driven markets, performance chasing came out top'

Laith Khalaf
clock 24 March 2025 • 4 min read