Multi-asset and the changing nature of asset allocation

Financial advisers will be only too aware that the difference between a comfortable retirement and an uncomfortable one is almost too huge to contemplate. And yet it is very possible some are making a simple and irreversible mistake that could ruin the chance of their clients achieving that long-dreamt-of cruise in the sun or leaving something for their offspring. The mistake I am referring to is having the wrong asset allocation for a client's retirement savings - specifically, too many government bonds and too few equities. Three decades ago, buying and holding to maturity the 17-year ...