It is easy not to think too far ahead but timing is crucial when it comes to financial planning and pensions.
A good insight into the role of pensions and the practical implications for many of us. They remain important and not something to put on the back burner.
As people live longer and the costs of health care and support in later life seem to escalate daily, pensions certainly need to be on the family business agenda.
Many people find it hard to plan their finances and to understand the changing pension and tax legislation and what it means for them personally. Whilst some people do review their financial plans regularly, this is a still a woefully low number and for the vast majority of people, looking at a planning timeframe of what may be 80 years is a huge ask. But it is something that everyone will have to look at when planning for their financial security in retirement.