It is understandable to worry about your pension in these uncertain times. The stock market has taken a significant hit as a result of Coronavirus. However, long-term investments like pensions see the ups and downs of the stock market smoothed out over time. So that’s good news. Market falls generally mean the value of your pension dips temporarily and doesn't mean that you will lose the whole of your fund.
If you haven’t already, this is a good time to make sure that your pension is invested in the right place for you. We can investigate this for you.
The pension fund that we recommend diversify across different asset classes, markets and share types to minimise the risks to our customers’ investments.