Decumulation not 'plug and play' solution, PA360 panellists warn

Panellist Marcel Bradshaw, head of UK retail at Orbis Investments, told delegates at Professional Adviser's flagship conference on 25 April that advisers should understand decumulation was not a "plug and play" solution as each client's pot has to be treated differently. Fellow panellist Lawrence Cook said it was an adviser's job always to be one step ahead of their clients and to be aware that people were running out of money.  The Thesis Asset Management director said they needed to understand what sequencing risk was and why it was not the same as volatility. "It is kind of like cl...