Needs of ageing population must be addressed by the industry and government

Mortgage Introducer published Council CEO Jim Boyd’s commentary in response to latest figures from the ONS which found the number of residents in Great Britain aged 65 and over has risen from 5.3 million to 11.9 million. Jim Boyd was quoted highlighting that regulators, the industry and government must address the needs of the ageing population by advocating a holistic approach to financial planning for later life. He states one must look at each of their assets in pensions, property and investments as they plan for their later life.

 

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