There has been a continued increase in demand for retirement advice during 2021, with 47% of advisers seeing an uptick of demand as compared to 40% in 2020, according to Next Wealth’s latest retirement advice report.
The research - Managing Lifetime Wealth: retirement planning in the UK - found that changing attitudes to work and health are driving this demand as clients reassess priorities with more than half of the advisers (51%) reporting an increase in the number of clients looking to retire early, and 61% of advisers reporting that their clients' have a newfound focus on health and longevity when compared to the pandemic. Additionally, 60% of advisers said more clients are updating their wills and trusts. The annual report, produced in association with Aegon, was launched on Wednesday (23 Februa...
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