Is the regulator getting better at giving guidance?

The Financial Conduct Authority's (FCA) recent thematic review findings gave the advice profession plenty to think about when it comes to supporting clients in retirement. What's your approach to determining income withdrawals? Do you favour deterministic or stochastic modelling? How do you evidence risk profiling and a client's capacity for loss? Do you apply a blanket approach, or do you have a distinct approach for both accumulation and decumulation? As is consistent with principle-based regulation, methods can vary to the same end.   But there are fundamental building blocks...