Retirement

Firm had passported into UK

Income drawdown has ‘many moving parts’

Annuity income at 'all time low'

Findings 'genuinely shocking' - Intelligent Pensions

FCA focused on market that 'no longer exists'

In response to investor demand

Greater education and planning needed

Compensation system needs to change

Up to 12% of SIPP assets held in cash accounts

Complainant hit with tax bill