Bond bubble puts lifestyle pension savings at risk - IFA poll

Lifestyle funds feature an asset mix determined by the level of risk and return that is appropriate for an individual investor given their age, level of risk aversion, the investment's purpose and the length of time until the principal will be withdrawn. They are designed to reduce investors' exposure to riskier assets the closer they come to withdrawing their money, for example at retirement. Traditionally this has meant increasing the weighting to typically ‘safe' assets such as government and corporate bonds. However some fund managers, including Cazenove multi-manager Robin McDona...