The income of the median pensioner is now higher than the median worker and has grown at a faster rate. It’s often said current retirees have never had it so good, but will the next generation be as fortunate? Ed Smith, Head of Asset Allocation Research at Rathbone Investment Management, will help you understand the dynamics behind the UK’s estimated £66bn savings gap and the implications on the retirement plans of post baby-boomer generations.
This webinar will cover:
- Estimated savings shortfall and how the UK compares internationally
- Key reasons why people are not be saving enough
- How declining rates of home ownership affects income requirements in later life
- What are the implications of having no choice but to work for longer: will it mean fewer jobs for the young? Will productivity fall?