Facilitated and written by: Jeremy Oakley - KPMG
Expert: Richard Lloyd - UBS
Headline Finding 1:
Investor returns are naturally influenced by investor behaviours.
Headline Finding 2:
New generation of drawdown investors need to take account of ‘sequencing of returns’ risk.
Headline Finding 3:
Advised clients more governed by achieving returns shown in cash flow forecast.
Headline Finding 4:
It is hard and/or expensive for options-based structured solutions to replicate adviser oversight for smoothing returns.
Headline Finding 5:
Pensions Freedom offers great opportunity for structured decumulation products.
Investor education needs to improve: 6-8% drawdown is not sustainable.