It has been an interesting couple of weeks in the Markets. The volatility of the FTSE Index is pretty much unprecedented. For many the biggest problem may well be a loss of value in your Pension funds. As we come out of this crisis it is important that you evaluate how your portfolio has performed. If it was a well structured portfolio it should have lost considerably less than the FTSE. If you have lost as much as the FTSE it is probably time to have a look at the amount of risk you are carrying. You also need to ensure that you continue to invest cash safely. It would be prudent, even though we may think the Government is stood behind our savings, to keep your exposure to any one bank to less than £50,000. If you are in any doubt about how this credit crunch crisis has effected your finances, please give us a call. We may be able to help.
