The FCA's Retirement Outcomes Review interim report describes accessing pension pots early as "the new norm" among non-advised customers - but, says Stephen Lowe, just think about what that actually means.
Are you ever surprised by the number of gambling adverts on late-night TV? Like a lot of people who buy the odd lottery ticket or back a horse in the Grand National, I enjoy a flutter now and again - win or lose. Yet, to me, the number of online casino ads jostling for space seems to be trying to portray a world where risking money is the norm rather than a rare and potentially expensive treat. Gambling companies would not advertise unless it was profitable to do so. It is fairly obviously in their interests to target late-night TV watchers with the message online betting is good, clean ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes