Coming soon to a provider near you
Coming into force in February 2021
'Act or be compelled to act'
Drawdown retirees forced to reduce income during the early stages of the pandemic are now considering the best way to turn the taps back on, writes Steve Hunter
4% withdrawal rule of thumb
When managing client's payments
Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) has said.
Retirement Outcomes Review
Using risk targeted funds in drawdown
Advisers to consider pathways when assessing suitability
UK's poorest retirees most affected
276,000 pots being accessed
Blending income options gives better control
What made financial headlines over the weekend?
Response to FCA Retirement Outcomes Review
Pounds and pence figure for consumers
Retirement Outcomes Review consultation
Warning from Zurich
38% no advice or guidance
Imagine a cautious 66-year-old using drawdown for income, and a 35-year-old, however cautious, saving with an ISA. The two are unlikely to be well served by the same process and investments. For clients who intend to use drawdown, the industry is now...
Annuity rules come into force 1 March