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

Pension adequacy – are we focusing on the wrong measure of success?

Pension adequacy – are we focusing on the wrong measure of success?

'The current system can unintentionally create a false sense of reassurance'

Caitlin Southall
clock 24 July 2026 • 4 min read
Transfer changes 'a start, not the finish line', pensions industry says

Transfer changes 'a start, not the finish line', pensions industry says

Clear and practical guidance ‘essential’ to apply the new framework consistently and with confidence

Jonathan Stapleton
clock 23 July 2026 • 4 min read
Financial Vulnerability Taskforce calls on advisers to rethink retirement planning

Financial Vulnerability Taskforce calls on advisers to rethink retirement planning

Publishes guide suggesting to ‘move beyond a pensions-only approach’

Sophia Panayi
clock 22 July 2026 • 2 min read