Retirement Planner's round up of the top pension stories this week.
A third of pensions at risk of stock market dive A third of company pensions could be at risk of last-minute drops in the stock market before savers hit retirement, according to a report. Figures suggst up to 1.8 million company pensions offer no protection from sudden changes in share prices - leaving workers facing huge losses should the market crash, according to the Daily Mail. Of the 5.3 million company pensions, the remaining 3.5 million switch savers in to less risky types of investment than shares, such as company bonds and gilts, five or ten years from retirement. For mo...
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