Kevin Doran: Investment pathways circumnavigate suitability requirements

Since pension freedom was introduced in 2015, the world has waited with baited breath to see if pensioners could be trusted with their own savings - or whether a bird in the hand would be swapped for a Lamborghini in the garage. Four years on, it seems that, far from being frivolous, the nation's pensioners are something of a frugal bunch, withdrawing entirely sensible amounts from their freed-up pension pots - often with a helping hand from professional financial advisers. Yet that is not always the case. With three in every 10 who reach drawdown opting to eschew professional advice,...