David Tiller: Three likely advice models of the future

Client demands have both changed and grown over recent years. The UK's ageing population and increasing life expectancy means there is a huge segment of the population who will need to fund a longer retirement. Many of these people will not have any income from a final salary pension and what they will get from the State pension looks increasingly under threat. What is more, while pension freedom has given clients more choices, it has also brought significant complexities and risks. All of these considerations come together into three major trends, which are driving demand for advice and...