Concerns at complex decumulation choices

Pow, Helen
August 2009
Money Marketing;8/6/2009, p8
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.


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