Emma Martin comments in Employee Benefits on keeping calm about your retirement plans despite the impact of COVID-19
Emma Martin, associate director, comments in Employee Benefits on the impact of COVID-19 on retirement savings, urging those worried about seeing their pension pots diminish not to panic. Any rash decisions made now, particularly for those close to retirement, could have financial consequences that are later regretted.
DC scheme members who have chosen their own investments may have seen these hit hard by the market volatility, however, Emma advises against moving or accessing these savings now, as they risk crystallising their investment losses.
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