Stephen Lowe: Don't let retirement be a gamble

'The new norm'?

clock • 3 min read

The FCA's Retirement Outcomes Review interim report describes accessing pension pots early as "the new norm" among non-advised customers - but, says Stephen Lowe, just think about what that actually means.

Are you ever surprised by the number of gambling adverts on late-night TV? Like a lot of people who buy the odd lottery ticket or back a horse in the Grand National, I enjoy a flutter now and again - win or lose. Yet, to me, the number of online casino ads jostling for space seems to be trying to portray a world where risking money is the norm rather than a rare and potentially expensive treat. Gambling companies would not advertise unless it was profitable to do so. It is fairly obviously in their interests to target late-night TV watchers with the message online betting is good, clean ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Shifting pension rules 'eroding trust' and 'hindering' retirement confidence

Shifting pension rules 'eroding trust' and 'hindering' retirement confidence

Speculation on rules hitting confidence across every age group

Sahar Nazir
clock 17 November 2025 • 2 min read
Retirement confidence dips amid Budget speculation

Retirement confidence dips amid Budget speculation

Confidence is highest among those receiving professional financial advice

Jenna Brown
clock 12 November 2025 • 2 min read
The Great Wealth Transfer: women, wealth and what comes next

The Great Wealth Transfer: women, wealth and what comes next

Sponsored content from WIFA 2025 headline sponsor LV=

LV=
clock 03 November 2025 • 6 min read