Nick Webb is director and head of UK retail at UBS Asset Management. He was previously an executive director and UK platform strategic relationship manager at JP Morgan Asset Management and has also held senior sales roles at Neptune Investment Management and Skandia. 

If you haven’t put the 17 July in your diary then chances are you were born before 1980.

The date denotes World Emoji Day (yes, that's a thing) and what's more, a youth trend survey in 2016 found that 78 per cent of millennials find it easier to express emotions via emojis rather than the written word.

Millennials tend to get a poor press, and the cynicism largely comes from their Generation X predecessors. 

Yet millennials have the ability to shape the future of financial services - both as future clients and as the new wave of adviser business owners.

Why you should factor in above-average inflation when planning your clients' retirement spending.

Inflation is an important part of clients’ understanding of their retirement journey. When clients are focused on building up their pension pot to ensure a comfortable retirement, they might easily lose sight of how inflation can shrink the value of the pension’s assets that they have worked so hard to accumulate.

In the first article we looked at how long clients may live for. The second consideration is arguably the most important - how much money do I need? Considering both of these issues together can result in clients starting to understand the importance of careful retirement planning.

Spending is an important component of any sound retirement plan. Understanding how people spend as they age can help build better retirement plans, craft more effective investment strategies and attain more successful retirement outcomes.

In the first in a series of retirement focused topics, Nick Webb explains the importance of longevity for retirement planning and how you can effectively communicate this to clients.

The only certainties in this world are death and taxes, so the saying goes. But at least taxes are predictable. Life expectancy and planning for retirement are complex and sensitive subjects, in part because the experience and the needs are so individual.