Retirement advice demand driven by market volatility

Aegon finds cost of living crisis and market volatility have driven an increase in demand

Jasmine Urquhart
clock • 3 min read
57% of advisers thought the current economic situation would lead to an increase in demand for advice
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57% of advisers thought the current economic situation would lead to an increase in demand for advice

The cost of living crisis and market volatility is behind an increase in demand for retirement advice, Aegon has found.

The firm's fifth Managing Lifetime Wealth report - in collaboration with NextWealth - found retirement advice accounted for 58% of advised assets in 2023, up from 55% last year. The research loo...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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