Advisers need better products for decumulation
There is plenty of room for improvement, and also a need for a high level of innovation in the market, argues Robin Powell
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
There is plenty of room for improvement, and also a need for a high level of innovation in the market, argues Robin Powell
They will be available across 17 platforms
Number of non-advised sales soar by 24%
Range designed to help advisers comply with Consumer Duty rules
As the industry continues to shift from DB schemes to alternative retirement income strategies
FCA data shows 40% of decumulation products were bought by DIY savers
To protect investors from sequencing and shortfall risks in retirement
In a bid to tackle ‘one of the biggest challenges for adviser firms’
It ‘provides a step-change in the right direction for advisers with clients in the decumulation phase’
‘Perfect storm’ created by pandemic shows need for planners to sharpen focus on risk
In partnership with State Street Global Advisors
Church House and Columbia Threadneedle among latest to sign up