Plenty of solutions have emerged to help advisers address the suitability puzzle. Perhaps the highest profile are ‘risk-rated’ funds. Here are my thoughts.
Investors entering retirement may be tempted to look to higher-yielding assets to boost their income. But could this result in greater concentration risk? And might dividends be more stable than equity volatility implies?
The Universities Superannuation Scheme (USS) has been in the news a lot recently, including strikes during the first half of 2018 over proposed changes to future benefits. Much of the debate centres on the size of the scheme's deficit. First Actuarial claims that USS is perfectly sustainable with no deficit, whereas pension consultants such as John Ralfe note a £8.4 billion deficit on an accounting basis (as at 31 March 2018). But is there another way of thinking about scheme solvency?