Comment on health expectancies

Gordon Morris of Age UK Enterprises says, "We welcome news from the Office of National Statistics that people can look forward to living healthier in later life. Rising life expectancy means that we may, as individuals and society, need to re-evaluate some traditional ideas around retirement and later life. As part of this we believe insurers must improve what is available and put the diverse and changing financial needs of older people at the heart of product development to help consumers better prepare for their future. As people approach retirement, it is vitally important they shop around so they get best value for money when purchasing financial products and services."