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Fieldmouse named best micro firm at Powys Business Awards

Championing the fair representation of rural, regional and rarely heard voices in market, social and policy research has earned a successful… ....

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Powys company FieldMouse Research wins national award

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'Late Financial Bloomers' set to grow over next 15 years

‘Late Financial Bloomers’ set to grow over next 15 years
By
Jean-Baptiste Andrieux
29
th April 2021
10:02 am
Research from Canada Life shows the number of ‘late financial bloomers’ will grow significantly over the next 15 years.
The group currently makes up 6% of the retirement market but is expected to change the face of retirement in the future.
Late financial bloomers tend to secure financial stability at a later life stage compared to previous generations.
This is explained by socioeconomic factors such as later access to home ownership, getting married and having children later in life.
Canada Life technical director Andrew Tully said: “The retirement market will be disrupted by the growth of late financial bloomers; a group which only makes up a fraction of the current market but will account for a much larger proportion by 2035. These retirees are more likely to have less wealth when they reach th ....

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