

Managing your pension savings in uncertain times
When markets experience volatility, you may see fluctuations in the value of your pension savings. These are a normal part of long-term investing, as the value of investments can go down as well as up. This can be daunting, but there are ways you can ease your mind during times of uncertainty. Remember, this information is not a personal recommendation for a particular course of action. And, if you’re unsure about the right approach for you personally, you should speak to a regulated financial adviser.

Understanding uncertainty
If you’ve seen the value of your pension savings fluctuate, it’s natural to feel nervous. But although past performance is not a guide to future performance, markets can recover. It’s important to remember though that the value of the investments in your pension savings account can go down as well as up so you may get back less than you invest. While it can be unnerving, it’s important to remember pension savings are a long-term investment and volatility is a normal part of long-term investing.
So, while it’s never nice to see your pension savings fall in value, the most important point to remember is that this could well be a temporary setback.
Take your time
During uncertain times, feeling fearful could lead some people to make rushed decisions about their pension savings, based on short-term circumstances. Some may think about selling or moving investments in the hope of minimising any loss, but this could have significant long-term consequences for your financial wellbeing and retirement, as you may miss out on any market bounce-backs.
So, think carefully and consider talking to a regulated financial adviser before making any decisions.

Learn about volatility
Volatility is an investment term for when the stock market experiences periods of unpredictable, and sometimes sharp, rises and falls.
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Learn more about market volatility and your pension savings
Whether retirement is a long way off or just around the corner, here’s some information you should consider when there is market volatility.