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Bridge the Retirement Divide: A Strategic Marketing Opportunity for Financial Advisers
Bridge the Retirement Divide: A Strategic Marketing Opportunity for Financial Advisers
The UK faces a retirement crisis of unprecedented scale. With 15 million people at risk of financial hardship in later life, financial advisers have both a social responsibility and a significant business opportunity to address this growing challenge.
The Scale of the Crisis: Understanding the Numbers
Recent research reveals alarming statistics about retirement preparedness in the UK. According to the Financial Conduct Authority, 10% of adults are not saving anything at all, whilst 21% have less than £1,000 in savings. More concerning still, almost a quarter of the population—13 million people—find themselves in a fragile financial state, struggling with debt and everyday expenses.