Slotting centralised retirement propositions into an adviser business

Shared understanding

clock • 7 min read

As advisers place greater focus on managing income and cash flow modelling of higher-risk investments later in life, a centralised retirement proposition is becoming an increasingly attractive option, writes Tom Higgins

While there is not an exact definition of what a centralised retirement proposition (CRP) is, the following might be a neat way to sum it up: a consistent approach to retirement advice that extends across an entire firm. While it covers both investment and withdrawal strategy, it may also extend to attitudes to risk and fact-finding.   But the inexact definition has provided an environment for change, adaptation and innovation, resulting in an increasingly sophisticated framework that has been growing in prominence over recent years. For advisers, the advent of CRPs in financial plann...

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 Your Business

FCA launches tool to help firms understand its investment advice expectations

FCA launches tool to help firms understand its investment advice expectations

Regulator unveils its ‘Investment Advice Assessment Tool’

Isabel Baxter
clock 13 June 2025 • 1 min read
Simon Rogerson on the pitfalls of growing through acquisitions

Simon Rogerson on the pitfalls of growing through acquisitions

'Communication needs to be two-way, especially when two businesses come together.'

Simon Rogerson
clock 12 June 2025 • 4 min read
How connection drives operational efficiency and reduces turnover risk in financial services

How connection drives operational efficiency and reduces turnover risk in financial services

'33% of financial services professionals feel like outsiders in their own workplace'

Mary-Clare Race
clock 11 June 2025 • 5 min read