Smoothed funds are back - but advisers need to look beneath the surface

The UK smoothed managed fund market is undergoing a notable revival. With a series of new launches recently, coupled with data from Defaqto's income drawdown risk rated workflow pinpointing smoothed funds as a top ten filter for advisers carrying out decumulation investment research, it's clear to see there's a healthy appetite amongst advisers for smoothed funds. Retirement reality The Financial Conduct Authority's (FCA) 2024 retirement income advice thematic review identified widespread weaknesses in retirement advice, including insufficient fact-finding, poorly evidenced risk pro...