Advisers urged to carry out immediate pension reviews

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Advisers should bring forward their clients' pension reviews to ensure their investments match their changing attitude to risk, according to Zurich.

The firm says the financial crisis and economic downturn means many people will need to reassess their retirement savings and make adjustments to match their changing needs. Dave Lowe, pension management director at Zurich, says advisers should contact their clients immediately to review their pension rather than waiting until their next scheduled review. "In volatile times, we understand that peoples' attitude to risk becomes more cautious. This is likely to lead to a desire for capital protection," Lowe says. "We also recognise the perhaps competing need for long-term growth to achi...

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