Rethinking risk: Approaching retirement with a different mindset

Savers' objectives change as they approach retirement

clock • 4 min read

Rethinking risk can help financial advisers ensure savers achieve good retirement outcomes, writes Toyosi Lewis

Providing suitable retirement advice has never been harder for financial advisers. Yet, there are opportunities out there for those who are looking to stay ahead of the curve by changing their approach to risk. With the current backdrop of vast amounts of regulatory change - including the introduction of new Consumer Duty rules and the Financial Conduct Authority's upcoming review of retirement advice - as well as the implications of inflationary pressures and the cost of living crisis, financial advisers find themselves in the unenviable position of delivering positive outcomes for inve...

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

Join

 

Already a Professional Adviser member?

Login

More on Income

Retirees flock to annuities as sales rise almost 40% year-on-year

Retirees flock to annuities as sales rise almost 40% year-on-year

Annuity sales up 38.7% to 80,061 in 2023/24

Jenna Brown
clock 26 September 2024 • 2 min read
Annuity comparison demand among advisers continues to rise

Annuity comparison demand among advisers continues to rise

Popularity of annuities returned as rates increased

Jenna Brown
clock 24 September 2024 • 2 min read
Advisers back annuities as sales continue to rise in H1

Advisers back annuities as sales continue to rise in H1

Annuity sales reach £3.6bn in H1 2024, ABI figures show

Jasmine Urquhart
clock 21 August 2024 • 2 min read