Over the past week, we have had journalists, politicians & academics talking about...the markets.
So, how do the markets affect us?
The most direct way is a fair portion of people's pension money will be invested in UK shares. So if shares rise, your pension can go up, if they go down your pension value goes down.
If your pension has been invested in UK shares, your pension has probably gone nowhere in the last 10 years.If that is the case, it is worth taking advice from a professional adviser about how to spread the risk and diversify.
Posted by Sean Wilson, APFS, Independent Financial Advisors (IFA), Swindon, Wiltshire.
So, how do the markets affect us?
The most direct way is a fair portion of people's pension money will be invested in UK shares. So if shares rise, your pension can go up, if they go down your pension value goes down.
If your pension has been invested in UK shares, your pension has probably gone nowhere in the last 10 years.If that is the case, it is worth taking advice from a professional adviser about how to spread the risk and diversify.
Posted by Sean Wilson, APFS, Independent Financial Advisors (IFA), Swindon, Wiltshire.
