The chairman of IFA network Sense has called on advisers to come up with a "sensibly priced" at-retirement service, saying the prospect of non-advised drawdown left him "horrified".
Chairman Steve Young warned advisers needed to step in as drawdown was too complex a product for people to understand even after they have received the government's guaranteed guidance. He also warned...
Consumer complaints against firms for misadvised DB transfers also rising
'Act or be compelled to act'
Drawdown retirees forced to reduce income during the early stages of the pandemic are now considering the best way to turn the taps back on, writes Steve Hunter
Changed in November last year
Launched new firm at 25
Asking for apology
Ceremony online 15 December
Schroders scrapes £75m for British Opportunities Trust as UK smaller companies launches fail to entice
Schroders 'faces headwinds'
Scheme extended to 31 March 2021