Update on market volatility

Global events can lead to changes in investment markets, and recent events in the Middle East have led to increased market volatility. It’s normal to think about how this might impact the value of your pension account in the DC Section as well as any other savings you have.

Pension saving is a long-term investment over many years, and ups and downs in the financial markets will happen throughout that time. However, it’s important to avoid making hasty decisions about your pension investments in response to short-term events. Moving your investments following a sudden fall in the markets could mean that you miss out on any subsequent recovery. 

If you’re worried or unsure about what to do with your investments, you should speak to a regulated financial adviser. You can find more details about choosing a financial adviser on the financial advice page. If you have any other questions about your pension please contact the Scheme administrator.