05 September 2019, 08:30 -
It is well understood that the population of the UK is ageing rapidly. By 2040, 1 in 7 people is projected to be over the age of 75 but what do we understand about the intergenerational impact of this demographic trend and what does it means for the financial wellbeing of subsequent generations. Longer lives mean we will all live our lives very differently. How should financial institutions be preparing to meet these challenges in terms of product development, distribution and financial advice and how can the sector engage and support customers throughout their lives?
Join us on 5 September for the launch in Scotland of Our Future Financial Lives report which explores these issues. We will consider the implications of the findings from a survey of 2000 consumers and 200 business managers from financial institutions, together with qualitative interviews from senior business leaders.
We will provide insight into consumer perceptions of how they expect to cope with the challenges of a growing ageing population and how the financial services industry is seeking to respond to these challenges at a time when the FCA is focusing considerable debate on these issues and more widely on how the industry supports vulnerable customers.
To register for this event please click the below link.