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CII CALLS ON SECTOR TO IMPROVE FINANCIAL INDEPENDENCE IN LATER LIFE

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Open-access content 26th June 2020

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The next stage of the CII's Insuring Futures initiative will look at how people can better build and maintain financial resilience for later life.

The professional body wants to hear from anyone working in the insurance and personal finance profession who can help identify what people can do during every decade of their adult lives to build and maintain their independence.

The CII's Insuring Futures work will look at the kinds of conversations people need to have with their families, friends, insurance professionals and financial advisers to create more financial resilience throughout their entire life.

The insights of Insuring Women's Futures will form the basis of a conversation with members of the insurance and financial advice profession, charities, policymakers and researchers that will lead to guidance and support for professionals around:

  • How we design products and communications for older people that resonate with the way they live their lives.
  • How professionals can structure conversations with clients that are more relevant to the risks and aims they have.
  • How advisers can give advice to their clients' whole family, rather than just the individual, as they grow older and their plans become more entwined with the needs of their family.

To find out more about becoming part of the Insuring Futures working group, email: sophia.kleanthous@cii.co.uk

Read our article on Insuring Futures here

Image credit | Ikon

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