Lifestyle strategies adopted as default funds do not adequately protect members from potential market downturn, latest research suggests.
These funds generally invest heavily in equities right up until 10 years before retirement, at which point they begin phasing bonds and cash into the asset allocation. Lifestyle funds are typica...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
