Steven Levin: FCA's investment pathways are largely on the right track

Beware misplaced confidence

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Steven Levin: "What we do not want is regulation that gives people misplaced confidence to make a single decision on an investment pathway and think their retirement funds are sorted."
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Steven Levin: "What we do not want is regulation that gives people misplaced confidence to make a single decision on an investment pathway and think their retirement funds are sorted."

The rationale behind the FCA's investment pathways solution is sensible but, believes Steven Levin, the initiative does need tweaks - particularly since it risks exacerbating the real issue: a lack of engagement

Being ‘your own worst enemy' may be a cliché but, as with most clichés, it has an element of truth to it - and it neatly sums up the challenge around engagement with pensions. The consequences of the...

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