Off to pastures new.
If you are thinking of heading off to a life without deadlines, you should plan ahead to ensure loose ends are tied up in advance. Keeping your eye in the ball is key, says Diane Smyth, to ensure your retirement gets into full swing.
Succession planning is suddenly a hot topic, largely due to the demographics of an ageing broking industry. It has not been a hot topic for long enough, according to Colin Ryan, managing director of the Ryan Insurance Group. "Lots of brokers haven't paid attention to succession planning," he says. "They are now in their 50s and 60s and wondering 'what next?'"Brokers should start planning their exit strategy at least a year in advance. Ian Ritchie, who exited the broking market last
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