The Effects of Demographic Change on Financial Services
The tide of articles on inter-generational themes in financial services literature has fallen away in recent times. Perhaps the topic has been overdone or, more probably, climate change, oil price hikes, the credit crunch, the economic slowdown, the savage fall in equity markets and increased volatility have all taken the headlines away from it. The latter phenomena flare more brightly and correct more sharply than slower working forces like demography, but the pendulum will swing back at some time because intergenerational issues remain important.
