Investment pathways 'make sense' for savings below £200,000 - Spire

For drawdown customers

Sophie King
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"For those with larger pots, we believe being forced to select one objective will be detrimental" - Spire Platform Solutions' Adrian Boulding
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"For those with larger pots, we believe being forced to select one objective will be detrimental" - Spire Platform Solutions' Adrian Boulding

Spire Platform Solutions has warned the FCA against promoting a binary choice of income drawdown or annuity through default investment pathways.

Back in January, it was announced the FCA would consult further on how to implement default investment pathways for non-advised savers entering drawdown. In its response to the FCA's consultation paper,...

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