TITLE

Concerns at complex decumulation choices

AUTHOR(S)
Pow, Helen
PUB. DATE
August 2009
SOURCE
Money Marketing;8/6/2009, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the concerns of the Financial Services Consumer Panel over gaps in the regulation of decumulation products and the advisers' capability to deal its complexities in Great Britain. It highlights the report "Later Life Scoping Project" by Jackie Wells and Mary Gostelow, which reveals suffering of the consumers due to lack of information, guidance and advice in the decumulation market. The complexity of the product result to lost opportunities to maximise retirement income.
ACCESSION #
44053374

 

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