Dominic Howard looks at what considerations advisers need to make as the ageing workforce quickly matures
Take a look at your work colleagues. Are they looking a bit grey? Getting on a bit? It wouldn’t be surprising if they are: the first of the post-war ‘Baby Boomers’ hit retirement age around 2010 and there is a huge population wave fast maturing behind, many of whom are planning on working on into their retirement years. This greying of the workforce is changing our market, as the health issues affecting workers change with their age. Most advisers working in employee benefits, whether with...
Will introduce a cap on cost of care
Plans to make greater use of 'deferred payments' to claw back social care costs from the value of the sale of a family home could fail unless the existing 'deferred payments' system is improve, Royal London has warned.
Defaqto has added pre-paid funeral plans to its Star Ratings
Q1 2017 saw a 12.9% increase in calls to the Employee Assistance Programme (EAP) for Canada Life's Group Income Protection (GIP) customers compared with Q1 2016.