Shift in retirement journeys set to 'reshape the market': Canada Life

A shift in retirement journeys is increasing dramatically among consumers and will reshape the market for advisers over the next 15 years, according to analysis from Canada Life. This comes as the number of over 60s is expected to grow by a third, to 20.9m people by 2035, presenting huge market growth and a significant opportunity for advisers. The analysis found that retirement experiences are fragmenting, having been impacted by changes in how we spend our time, accumulate and spend wealth, the rise in individualism and the declining relevance of social norms. Canada Life says th...