The latest issue of Trustnet Magazine, out today, looks at how investors can maximise their pension pot in the early stages of saving for their retirement.
In the cover story, Adam Lewis asks a variety of industry experts whether investors with more than 20 years to go until they stop working can afford to abandon tenets of investment wisdom such as downside protection and diversification.
Although this is a classic “how to” guide, it was inspired by a “how not to” guide after Trustnet Magazine got wind of a 28-year-old marketing manager’s decision to put his entire pension into one fund – JPM Natural Resources.
The article above looks at what can go wrong if you take on too much risk in your pension, but taking on too little can be just as damaging over the long term. This is something that is afflicting many of the people who have signed up to the government’s auto-enrolment programme, as Phil Scott finds out.
Having some level of leeway in your pension is a lot more important than you might think – not least because while you can make all sorts of plans as to when you want to retire, many people find that ultimately the decision is not theirs to take. Read head of Trustnet Direct John Blowers’ article to find out more.
Away from the central theme of this issue, Pádraig Floyd looks at how investors can make money from their hobbies, GLG’s Henry Dixon reveals which stocks he is buying because they represent the opposite of bonds with a negative yield, and Smith & Williamson’s James Burns explains why he is a fan of Schroder Asia Pacific’s focus on “growth at a reasonable price”.
Best of all, Trustnet Magazine is, and always will be, completely free.
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