IFAs urged to turn mythbusters on long-term 'risk' assets

Abell, director of nationals and networks for the group's UK retail arm, said advisers are in a position to avert a crisis caused by customers' reliance on "safer" investment options when saving for retirement. Speaking at the Institute of Financial Planning (IFP) annual conference in Wales this week, Abell argued that, over a period of 23 years - the likely length of time spent in retirement - traditionally safe investment options such as gilts and cash should not be relied upon. "There is a crisis looming that will see people simply running out of money," he said. "The situation ...