A short watch.
In the first of our new video series, Deep Matters, Justin Onuekwusi, head of retail multi-asset at Legal & General Investment Management, talks me through why risk profiling needs to improve for clients in the decumulation phase.
He explains why outcomes are beginning to look very different on centralised retirement propositions (CRPs) from centralised investment propositions (CIPs), reflecting longevity risk and sequencing risk (selling down units when markets are depressed).