How master trusts define risk in default funds

Michael Klimes
clock • 4 min read

Some master trusts have been criticised for exposing members to too much risk one year prior to retirement. Michael Klimes explores the difficulty of balancing risk exposure.

Research analysing the investment performance of 15 master trust providers has initiated an interesting debate about how risk is defined and how to balance it. The report published by Hymans Rob...

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