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...
Maximum 30% of redress
Third Covid-19 resilience survey sent to advisers
Only one in ten opt for an annuity
‘Dramatic’ drop due to pandemic’s economic impact
Rise in clone scams
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams