The Financial Conduct Authority (FCA) is to look into the non-advised sale of income drawdown products amid concerns consumers could be left vulnerable in the new pensions environment.
The retirement market is changing and financial advisers and their clients need more information about the different options. Helen Morrissey goes through the latest findings into where support is needed and how it should be delivered.
In the first of four instalments of in-depth research into the retirement planning market Helen Morrissey looks at the challenges and opportunities facing advisers operating in this market.
In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.
Some pension savers are able to access more than the regular 25% tax free cash. However this protection could be lost should the retiree wish to go into income drawdown rather than purchasing an annuity. Claire Trott looks at the options.
Fiona Murphy goes through the results of this month's Inquiry on the recent Budget and finds an advisory market (mostly) cheered by radical reforms.
What the changes to drawdown mean for your clients
Nigel Orange highlights the importance of taking a holistic approach to retirement planning
Aviva has overhauled its income drawdown offering and launched a flexible product to give retirees more choice when taking retirement income.