Bruce Moss: Five simple changes to fix 'systemic' drawdown failings

'Inaction is not a good option'

clock • 5 min read
Bruce Moss: "Although many advisers are diligently undertaking cashflow planning for their clients, their efforts are being undermined by the use of the wrong tools which focus on the wrong risks."
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Bruce Moss: "Although many advisers are diligently undertaking cashflow planning for their clients, their efforts are being undermined by the use of the wrong tools which focus on the wrong risks."

Bruce Moss, EV founder and author of recently published white paper Drawdown: The Mirror Image of Accumulation, calls on the industry to do a better job for drawdown consumers, arguing that frequently the wrong tools are being used to assess the wrong risks

Some industry-perpetuated shortcomings in the provision of income drawdown products and services have the potential to seriously derail advised, as well as non-advised, drawdown consumers' retirement income...

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