Although bear market strategies may be now appropriate for clients with Sipps and drawdown policies, such investors should perhaps be reminded why they are in the stock market in the first place
Concern about market volatility has understandably intensified in the wake of the current political and economic crises. How markets will react over the next 12 months is anybody's guess, but if you offer an advisory service to clients with self invested personal pensions (Sipps) and drawdown arrangements, you need to address their concerns and outline appropriate bear market strategies. One stance is to urge Sipp clients with some years to go left before annuity purchase to avoid bear market mentality altogether and weather the storm. Pension fund investment is for the long term and your...
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