Secondsight talks pensions at Corporate Advisers round table. Pension providers need to evolve their proposition if they are to successfully engage a diverse workforce and get them planning for the future.

The industry needs to look beyond traditional pension products and offer more personalised solutions that can adapt to the diverse needs of today’s workforce.

This was one of the main conclusions drawn at a recent round table event, looking at the financial planning challenges facing an ageing population as they approach their ‘second 50’.  Consultants attending the event highlighted the importance of using a broad range of financial tools suited to different life stages and circumstances. This can help address socioeconomic disparities, and ensure support for individuals with neurodiverse or accessibility needs, while utilising the latest technology to boost engagement.

Secondsight managing director, Gavin Zaprzala-Banks said that while there are a range of very effective financial wellbeing tools and resources, a more holistic approach is needed from providers. “There needs to be innovation,” he said, “but this needs to be a lot broader than product solutions.”

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