In recent years, some players in the retirement and pension industry have taken much-needed steps to digitally revolutionize the sector. Retirement is a key motivation for both the younger and older generations to invest. Successful retirement services do not solely focus on retirees, but this major life event requires building a relationship with the heirs to the throne as early as possible, which is key for retention. With simplicity and customer experience coming to the forefront of the wealth management space via technology, utilizing emerging technologies to manage pension services will be welcomed by customers. A high-tech, high-touch cross-generational retirement service will be key going forward.

The retirement market report discusses the global retirement wealth market, covering the current size of the prize and the forecast growth over the next few years. It focuses on retiree investment behavior and how it differs from pre-retirement. The report also includes an analysis of which retirement services are in demand among different demographics and how wealth managers and financial services providers are using technology to develop their retirement propositions.