Understanding that silent portfolio killer: Sequence of return risk

The dangers of sequence of return risk might come as a shock to cashflow model evangelists

clock

The dangers of sequence of return risk might come as a shock to cashflow model evangelists, writes Abraham Okusanya...

What is the world's deadliest animal when it comes to killing humans? Most people intuitively think of beasts with large teeth and fearsome reputations, such as the Lion, Wolf or the oft-cited Hippo. In reality though, it is the tiny mosquito that does the most damage. It causes more deaths than virtually any other animal; responsible for about 725,000 human deaths annually, only human beings themselves come close, with a tally of about 425,000. And what of man's supposedly best friend? Dogs kill about 25,000 people each year, almost exclusively because of rabies. Now compare these...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read