Retirees caught in generation squeeze

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Many retiring baby boomers are facing a generation squeeze where they still have elderly parents to worry about as well as children who are financially dependent on them, says Mr Phil Galagher, head of wealth management at Equity Trustees Limited.  “Social changes in the last couple of decades mean that retiring baby boomers may end

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Retirement’s two phases creates new service needs

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The needs of baby boomers as they transition to retirement could be taking the financial services sector’s attention away from the needs of another age group increasing in size and importance – elderly retirees, Mr Phil Galagher, head of wealth management at Equity Trustees Limited, suggests. “We have to start thinking in terms of the

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