How much is a key employee worth to a business? And how would, or could, that business cope without them?
Investments generally carry two key risks; systematic and unsystematic. Systematic risk is usually referred to as market risk or un-diversifiable risk and is risk that is inherent in all market related investments and cannot be removed or mitigated.
At Investec Structured Products we have developed a hugely successful Retail Structured Products business with an enviable track record in the Intermediary market winning numerous accolades since our launch in May 2008.
In the case of those people approaching retirement or those who have recently retired, the stock market volatility of the last two years has caused the potential for some real financial hardship.
If critical yield was the key retirement factor, how many 65 year olds would opt for a drawdown plan?