FCA launches non-advised drawdown probe amid consumer protection concerns
Fears raised over consumer decision making
The Financial Conduct Authority (FCA) is to further examine the non-advised drawdown market amid concerns consumers are not making well-informed decisions on higher-risk products.
The regulator will examine income drawdown alongside other non-advised products, such as annuities, hybrid products, and cash withrawal options, in its new market study the Retirement Outcomes Review launched...
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