Over the past couple of years, financial markets have been volatile on the back of global events such as the pandemic and the war in Ukraine, plus rising inflation and interest rates. You may have been concerned to see some short-term falls in the value of your pension as a result of this.
It's very normal for the value of investments to go down as well as up and you should remember that you could get back less than you paid in. But, although not guaranteed, we expect that pension values will generally go up over the long term despite short-term volatility.
Hear from our experts
Ryan Medlock spoke to Trevor Greetham, who's head of the team at Royal London Asset Management which manages the portfolios where many of our pension customers are invested, to find out what's been happening and what impact this has had on investments. Trevor also gives his thoughts on what could happen in markets over the rest of this year and into 2024.
This post is funded by Royal London
