FCA plans drawdown 'investment pathways' to boost outcomes

Retirement Outcomes Review consultation

Jenna Brown
clock • 4 min read

The Financial Conduct Authority (FCA) wants to introduce investment "pathways" for drawdown retirees to make sure people are obtaining value for money.

The regulator's Retirement Outcomes Review, released this morning, found 60% of non-advised consumers in drawdown were unsure where their money was invested. It also found one-third of consumers were wholly invested in cash with about half of these "likely to be losing out on income in retirement". The FCA has today launched a consultation on how to address the problem and suggested investment pathways for customers at the point of entering drawdown could help. The consultation will run for six weeks, with a second paper planned for January 2019, and the final rules published in July ...

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 Regulation

AI and compliance: Charging for advice or administration?

AI and compliance: Charging for advice or administration?

Efficiency doesn't remove accountability

Gareth Fatchett
clock 03 September 2026 • 3 min read
FCA warns of Flagstone clone

FCA warns of Flagstone clone

Notice issued to alert consumers

Jenna Brown
clock 03 September 2026 • 3 min read
Andrew Goodwin: As the regulator plays catch-up, should advisers race towards AI's cutting edge?

Andrew Goodwin: As the regulator plays catch-up, should advisers race towards AI's cutting edge?

'The review offers tangible evidence of the FCA playing catch-up'

Andrew Goodwin
clock 01 September 2026 • 4 min read