FCA must re-think investment pathways 'long-term income' option - EValue

FCA board to make decision

Tom Ellis
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Chet Velani: "High income withdrawals from a low risk investment can transform it into a high-risk strategy."
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Chet Velani: "High income withdrawals from a low risk investment can transform it into a high-risk strategy."

In response to the news that the Financial Conduct Authority (FCA) may delay the introduction of investment pathways for non-advised clients due to the coronavirus, EValue's Chet Velani has implored the regulator to take this time to rethink one of the options for consumers.

Investment pathways were introduced as part of the Retirement Outcomes Review policy statement and have been described by the regulator as a "significant intervention" that will help non-advised consumers...

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