A growing number of baby boomers are reaching retirement and financial advisers are looking for better ways to help their clients manage their retirement income.

The increase in baby boomers has resulted in the rising popularity of longer-term outcomes-based strategies, such as income layering, which can be used in retirement to enable clients to lock in a bedrock of income whilst still allowing for growth.

We invited Aaron Minney, Head of Retirement Income Research at Challenger to discuss some of the benefits of using an income layering strategy in retirement planning.

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