Vitality funds for healthy investors labelled a gimmick
Vitality’s attempt to link fund fees to investor’s participation in healthy activities have been labelled a gimmick by the industry.
FCA’s Bailey tackles decumulation ahead of retirement report
Financial Conduct Authority chief executive Andrew Bailey has listed the growth of decumulation products as a key issue for the regulator as it prepares to launch its retirement outcomes review.
Thesis jumps on decumulation bandwagon
Thesis Asset Management has become the latest discretionary investment manager to launch a decumulation portfolio, following in the footsteps of Parmenion and Copia, as advisers complain about a lack of products focused on income rather than accumulation.