The overall number and proportion of non-advised decumulation sales are rising steadily, with 40% of decumulation products purchased without regulated advice in 2021, according to research by retirement specialist Just Group.
Just Group's analysis of product sales data from the Financial Conduct Authority (FCA) pointed to a trend of fewer pension savers taking advice when buying income drawdown and guaranteed income for...
To continue reading this article...
Join Professional Adviser
- 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.
