How to Make the Right Retirement Choices

Could the Financial Conduct Authority's Investment Pathways scheme help you to make a roadmap for retirement? 

Faith Glasgow 10 May, 2021 | 9:48AM
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If you’re approaching retirement and wondering how best to convert your pension pot into a sustainable regular income once you stop work, you’ll be glad to hear that help is at hand, in the shape of the Financial Conduct Authority’s new Investment Pathways (IP) scheme.

Growing numbers of savers in the UK have a defined contribution pension worth tens or even hundreds of thousands of pounds, but often little idea what they should do with the money. Worryingly, a common response among those without a financial adviser to guide them has been one of excessive caution i.e. stashing their pension cash in the bank.

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About Author

Faith Glasgow  Faith Glasgow is a freelance journalist specialising in pensions and investment trusts