Pensions may have dropped during the tariff fallout - but don’t panic
Get the lowdown on equities vs bonds
Despite recent stock market fluctuations due to Trump's tariffs, pension holders, especially those far from retirement, shouldn't panic.
Pension funds are invested in various assets, including equities and bonds, which are subject to market volatility.
Short-term market dips are normal and shouldn't cause concern for long-term investors, as pensions are designed for long-term growth.
Panic selling during market downturns can significantly reduce overall returns, as historically, the best market days often follow drops.
Those nearing retirement should seek professional financial advice to ensure their investments are appropriately balanced and aligned with their retirement goals.