Fraser Donaldson: Two-dimensional risk assessment

Income in retirement

clock • 5 min read

When it comes to income in retirement, argues Fraser Donaldson, if the client's attitude to risk on income is not measured, as well on capital, an overall risk profile will be incomplete

We should all be familiar with the then FSA's final guidance paper from July 2012, Assessing suitability: Replacement business and centralised investment propositions (FG12/16). When recommending new or replacement business to a client, the principles to adopt are that recommendations should be in the best interests of the client and the client should be treated fairly. Areas of concern at this time were: the firm's central investment proposition (CIP) be designed to meet the needs and objectives of its target clients; the firm's sales process be designed to ensure a CIP is only recommen...

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 Investment

Beyond London: Adviser opportunities in regional investment

Beyond London: Adviser opportunities in regional investment

Hugi Clarke unpacks the regional growth agenda

Isabel Baxter
clock 31 July 2026 • 1 min read
Looking beyond the oil shock

Looking beyond the oil shock

'A few weeks ago, there was genuine reason for optimism'

Fahad Hassan
clock 27 July 2026 • 4 min read
What does a new PM and chancellor mean for investments?

What does a new PM and chancellor mean for investments?

'What is important is what happens over the long term'

Jasper Thornton Boelman
clock 23 July 2026 • 4 min read