<p><p>This report explores evidence on current asset-holding amongst older individuals, how this varies with age and how it has changed over the last decade. This evidence provides a good basis to consider:<ul><li>what types of products future retirees are likely to want or need and how this might differ from demand amongst current retirees; and<li>whether the types of individuals looking to buy these products in future will be any different from those who currently buy them (in terms of their wealth, their cognitive abilities and their previous experience of financial products).</li></ul></p>
Authors
![James Banks](/sites/default/files/styles/square_desktop/public/2022-06/James_Banks.jpg?itok=EvmV7fKj)
CPP Co-Director
James is Senior Research Fellow and Professor of Economics at Manchester, working on broad issues in the economics of retirement, savings and health.
![Matthew Wakefield](/sites/default/files/styles/square_desktop/public/2022-08/Wakefield_cropped.jpg?itok=syMVUpoD)
Research Associate University of Bologna
Matthew is Associate Professor at the University of Bologna focusing on consumption and savings choices and how policy affects them.
![Person graphic](/sites/default/files/styles/square_desktop/public/2022-06/IFS-person-graphic.png?itok=hWCtTSrz)
Gemma Tetlow
Report details
- Publisher
- Financial Services Authority
Suggested citation
J, Banks and G, Tetlow and M, Wakefield. (2008). Asset ownership, portfolios and retirement saving arrangements: past trends and prospects for the future. London: Financial Services Authority. Available at: https://ifs.org.uk/publications/asset-ownership-portfolios-and-retirement-saving-arrangements-past-trends-and (accessed: 2 July 2024).
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