PENSIONS
GOING FOR
GROWTH
While it is accepted you should go all-out for growth in your pension’s accumulation
stage, does this mean you can afford to forget about other principles such as
diversification and downside protection? Adam Lewis finds out
I
nvesting is a long-term game in
which you are told to ignore the
market noise and be prepared for
periods of underperformance.
That is the argument put forward
by the very best fund managers in
the game, so what better way to
scrutinise this hypothesis than by
preparing a pension portfolio for
someone some 20 years out from
their planned retirement?
In this so-called accumulation
stage of pension planning, the
theory wou