Drawdown investment pathways will always be 'blunt tool'

Response to FCA Retirement Outcomes Review

Jenna Brown
clock • 5 min read

Providers and advisers have broadly welcomed the regulator's latest post-pensions freedom market study but warned establishing prescribed drawdown investment pathways will never be more than a "blunt tool".

The Financial Conduct Authority (FCA) released the final report from its Retirement Outcomes Review this morning alongside a consultation paper looking at whether to introduce set drawdown investment pathways to give non-advised consumers a chance at better outcomes. Other suggestions put forward to protect consumers in the post-pension freedom world included wake-up packs from age 50, with regular provider contact every five years and giving drawdown retirees clearer information on charges, set out in pounds and pence, to remove complexity. 'Blunt tool' Nucleus product technical ma...

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

Paul Bruns: Ongoing review flexibility and the advice gap

Paul Bruns: Ongoing review flexibility and the advice gap

Changes are still currently only at proposal stage

Paul Bruns
clock 10 August 2026 • 5 min read
How considering vegetable peelers can inform your product design

How considering vegetable peelers can inform your product design

FCA released two reports to mark the third birthday of Consumer Duty

Alison Gay
clock 31 July 2026 • 4 min read
Andy Wealthall: Is there still a place for annual suitability reviews?

Andy Wealthall: Is there still a place for annual suitability reviews?

'We shouldn't solve one problem by creating another'

Andy Wealthall
clock 30 July 2026 • 4 min read