The 2015 pension freedoms have led to a new focus on the at-retirement ‘decumulation phase’ in a DC scheme member’s journey. Yet while the freedoms have been broadly welcomed, recent FCA figures show almost two thirds of those at the point of retirement don’t take any professional financial advice on how to best use their pot.
A growing concern is that the greater level of choice and need for complex financial decision making has the potential to weaken the financial security of individuals throughout retirement. So, what should be done to tackle this concern and better support DC scheme members so they can enjoy the best possible level of financial security throughout retirement?
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22 Jun 2021 : 11:00 - 11:45
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