This week's Retirement Planner quick-fire poll asks: Do you believe the onus should be on SIPP providers to ensure investors meet flexible drawdown requirements?
Click HERE to give your view Almost a fifth (18%) of those who answered the question thought the decision had taken away an important product from the client. However, almost three quarters (73%) said that while the decision was disappointing there are other alternatives available. The remaining participants believed the decision would have no effect on the equity release market. Ian Atkinson, IFA at Retirement Solutions believes that while the decision to withdraw the product is disappointing it will open the gateway for more providers to enter the market. "In the short term ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes