Five trends in the decumulation market

"Yes - that's all well and good," said the London-based adviser. "I've heard about and already understand many of the technical issues but where's the innovation?" The adviser was sat in front of me at a conference on decumulation hosted by DISCUS, the online forum for advisers wanting to engage with discretionary fund managers (DFMs). Up front were some of the usual suspects you see at such events - all saying some very laudable things about the risks we have come to know so well, including sequencing risk, pound cost ravaging, longevity and inflation. To be fair to the presenters, w...