Decumulation revolution: Why advisers must lead from the front

Decumulation is a much misunderstood word. (Even your spellchecker doesn't understand it!) For too long, the pension industry has been guilty of looking at decumulation as a one-off event. But decumulation doesn't start when accumulation stops. It is a process that will change and evolve for each person. It is also the area we need to tackle if we want to see people achieve better retirement outcomes. We have been campaigning for the corporate pensions industry to tackle the issue of pension decumulation in light of the new pension freedoms. Regulated advice solutions could...