The FCA’s thematic review - which investigated how firms were providing retirement income advice - has demonstrated the value of a good Financial Planner, according to financial professionals.

Retirement specialist Just Group has partnered with private investment firm Sparrows Capital to launch a retirement income solution which the two companies say will help advisers with decumulation strategies.

Financial Planners and advisers need to improve their approach to retirement income suitability assessments by considering clients' financial personality, such as whether they are spenders or savers.

London is among the worst UK regions for predicted post-retirement financial struggle, a new study by Scottish Widows has predicted, writes Emily Berry.