Advisers 'well placed' as majority no longer retire in usual way: Canada Life

The journey through retirement is changing as over 50% of people are no longer retiring in the usual way, and retirees today predominantly targeted and catered for by financial advisers are growing smaller as a customer group. This trend is expected to continue over the next 15 years, Canada Life revealed today in a report. Classed as "financially mature and stress-free," this customer group, which used to represent almost a third of the market, has already contracted by 25% since 2010 and now accounts for around one-fifth of the over 60s market today.  Retirees in this group can be c...