Steven Levin: FCA's investment pathways are largely on the right track

Being ‘your own worst enemy' may be a cliché but, as with most clichés, it has an element of truth to it - and it neatly sums up the challenge around engagement with pensions. The consequences of the introduction of pension freedom continue to reverberate from all corners leaving providers, the regulator and the government scratching their heads about how best to help the public navigate this uncharted water. One of the biggest worries is unadvised drawdown. An outsider looking in at the savings policy landscape would likely be baffled by a system that handholds the public all the way...