Claims of stock market volatility adversely affecting schemes have been dismissed by the National Association of Pension Funds.
They claim that pension schemes are long-term investments and funding strategies are not linked to stock movement in the short-term.
Our view
Volatile markets do affect us both positively and negatively.
If you are nearing retirement then you should consider switching to lower risk funds.
If you are some time away from retirement then volatile markets are buying a opportunity as you can buy more ‘shares’ or units at a cheaper price.
Useful links:
Learn more about market volatility and related topics in our free guide to all new members: The Five Deadly Mistakes People Make With Their Money.
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