What the decumulation shift means for advice firms, and how the best are responding

The retirement landscape in the UK is changing in ways that will reshape the advice profession for a generation. For the first fully defined contribution cohort approaching retirement age, the complexity that defined benefit schemes once absorbed now falls increasingly to advisers and their clients. These are people who have spent their working lives building pension pots rather than accruing guaranteed income, and now need help turning those pots into something sustainable, personalised, and fit for retirements that may last three decades or more. It would be a mistake to frame th...