Lawrence Cook: Developing your centralised investment proposition

PA360 2019 revisited

clock • 4 min read

How a client is invested is just one, albeit very important, part of the equation, writes Lawrence Cook - the other being a CRP designed to lead to advice specific to the demands of decumulation

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...

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