FCA launches non-advised drawdown probe amid consumer protection concerns

Fears raised over consumer decision making

clock • 4 min read

The Financial Conduct Authority (FCA) is to further examine the non-advised drawdown market amid concerns consumers are not making well-informed decisions on higher-risk products.

The regulator will examine income drawdown alongside other non-advised products, such as annuities, hybrid products, and cash withrawal options, in its new market study the Retirement Outcomes Revi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

FRC to develop technical guidance for actuaries after Virgin Media amendments

FRC to develop technical guidance for actuaries after Virgin Media amendments

Watchdog says guidance will support actuaries working with affected pension schemes

Jonathan Stapleton
clock 10 October 2025 • 1 min read
SPP raises concern to House of Lords committee on pensions IHT

SPP raises concern to House of Lords committee on pensions IHT

Group supports decision to remove pension admin responsibility for reporting

Jasmine Urquhart
clock 07 October 2025 • 1 min read
Pension schemes urged to boost UK sci-tech investment

Pension schemes urged to boost UK sci-tech investment

Pensions industry urged to invest more in life sciences and technology by the 2030s

Jasmine Urquhart
clock 03 October 2025 • 1 min read
Trustpilot