Lawrence Cook: Developing your centralised investment proposition

The very specific demands of decumulation can be quite varied and, as such, the advice to the client and the investment solution need to be plugged into that. The FCA's recent paper CP19/5 on Retirement Outcomes offers a steer on the regulator's direction of travel and it has developed a series of what it calls ‘investment pathways': * Option 1: I have no plans to touch my money in the next five years; * Option 2: I plan to use my money to set up a guaranteed income (annuity) within the next five years; * Option 3: I plan to start taking my money as a long‑term income within the ne...