The FCA’s new rules go some way to addressing risks to savers but more needs to be done The start of February saw the launch of new FCA rules for investment pathways.
The pathways require that any person who has decided to access their pension via a drawdown product without taking advice is offered four options based on how they plan to use their money over the next five years. These are: they have no plans to access their money; they want to set up a guaranteed income; they plan to start taking their fund as long-term income; or they […]
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