Adrian Boulding: A 'no' to cash in drawdown policies

Retirement Outcomes Review

clock • 6 min read

Adrian Boulding takes a closer look at the latest FCA output from its Retirement Outcomes Review and the aim that, if customers want to keep their assets in cash, they must in future make an active decision to do so

Right at the end of January, the FCA went live with its latest consultation paper linked to its ongoing Retirement Outcomes Review (ROR) which was born out of the Retirement Income Market Study published way back in March 2015. Back at the beginning of ROR, its four key areas of focus were: * Shopping around and switching: The FCA is exploring the extent to which consumers can compare the larger range of products and options available to them from age 55 post-pensions freedom. Can they compare products easily, shop around, switch providers when they are not being offered what they want a...

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