In this episode of V-FM Pensions recorded at the Pensions and Investments World Pensions Summit, hosts Darren and Nico chat to economist and demographic expert, Dr Amlan Roy. We talk to Amlan about why demographics is really about how people live, work and spend across their whole lives, and what that means for pensions and markets right now, not just in 30 years’ time. We cover micro pensions for gig and informal workers, why emerging markets are central to future growth, and how location can make a massive difference to retirement costs. Amlan explains why scenario-based planning beats traditional models, highlights six sectors with demographic tailwinds, and tackles the big value-for-money and fairness questions: how much return should we give up for sustainability, and is it time to rethink promises to older generations?