Reminder: Investment pathways

We would like to remind you of the new requirements being implemented on 1 February 2021 following the FCA’s Retirement Outcomes Review in June 2018. While the changes mainly apply to providers of pension products, there are implications for advisers regarding considering available options as part of their suitability assessment when making a recommendation to a client about investing funds in their capped or flexi-access drawdown pension.

The purpose of the FCA’s Retirement Outcomes Review was to investigate how consumers and providers were responding to the pension freedoms introduced in 2015.  Pension freedoms brought more complicated choices for investors about how to invest their pension savings and when to draw on them, but figures showed that around 30% of consumers were entering drawdown unadvised.

If you’re not a client, to read this content you must sign up for a free guest account

Clients of threesixty are kept up to speed with the latest regulatory, industry and technical developments via our regular news and opinions articles.

As well as being updated via the articles we publish to threesixty online, clients can specify to us what type of articles they want to receive (by category) and how frequently they receive them.

To try this service, simply register your details with us and we'll give you 3 months free and unlimited access to our news and opinions.