Black Monday prompts rise in calls to pensions helplines

Pension advisers have reported a rise in enquiries from investors concerned about how the recent market volatility could affect their retirement savings, reports The Financial Times. Patrick O’Sullivan, investment consultant at Redington, explains wealth management providers should have been protecting clients from exactly this kind of volatility and many would have been working with them to assess the correct levels of income that should be drawn down from a plan.

 

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