Derisk your drawdown book

The level of change in the retirement sector in recent times, can only mean that the adviser should be reviewing their own knowledge and processes for new retirement clients. They should also look at how these changes have affected advice already provided. By conducting reviews we can derisk the IFA drawdown book, and turn it to a business asset, rather than potential liability. It has been 10 years now since the regulator, the then PIA introduced RU55, in August 1998, to set down the required knowledge and behaviours of advisers in the income drawdown market. Today we can see how appropr...