Choosing a drawdown provider: Your due diligence checklist

Choosing a drawdown provider: Your due diligence checklist

clock

There are a number of areas to look at that will help you determine which providers will fit all your clients' needs. Claire Trott, head of technical support at Talbot and Muir, explains

The third thematic review of SIPP operators is well underway and we await publication of the findings to see how the Financial Conduct Authority views providers in comparison to the Financial Services Authority's previous view. There is unlikely to be a definitive answer and, although there will be fallout and some providers may no longer want to or be able to operate in this space, there will still be significant choice. One provider is unlikely to suit all your clients' needs and, therefore, a panelling process is a good way to ensure you have the choice without needing to look at e...

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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Administration expected to conclude in 2027

Isabel Baxter
clock 10 March 2026 • 3 min read
Majority of self-employed women fail to assess maternity leave/retirement impact

Majority of self-employed women fail to assess maternity leave/retirement impact

Just 18% said they had completed detailed planning on mat leave financial impact

Jenna Brown
clock 09 March 2026 • 2 min read
Everything advisers need to know about using a DB SSAS

Everything advisers need to know about using a DB SSAS

A DB SSAS operates using the regulatory framework as traditional DB pension arrangements

Caitlin Southall
clock 06 March 2026 • 4 min read