Protection market needs to adapt to fit retirement trends

The generations approaching what we consider to be ‘normal retirement age' are, in many cases, willingly choosing to work for longer. They realise they've still got energy and mental capability and most importantly, their skills are in demand. Many statistics would attest that this is great news for their mental health, the UK work force, and the pension system. But it could lead to risky situations for their businesses, unless attitudes to protection change and products are more flexible. The Department for Work & Pensions revealed this week the proportion of people aged 70-74 in ...