While the majority of financial advisers currently offer a centralised retirement proposition (CRP), they vary little from their centralised investment proposition (CIP), according to research from FE fundinfo.
The fund data and tech company also said its research found half of advisers (51%) were "continuing to maintain a client's existing risk profile once they hit retirement". Toyosi Lewis, retirement specialist at FE fundinfo, said: "There is a broad consensus among advisers that capital protection in the early retirement years (typically one to three years) is important because of the potential impact that falling markets will have on future withdrawal amounts. "Holding cash - or cash-like - investments remains a popular strategy, but also having an investment return that keeps pace wi...
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