Risk is a familar concept to financial advisers when planning their clients' affairs, and in pensions there are quite a few risks: longevity risk, investment risk and drawdown risk; the client's own attitude to risk and their financial resilience.
Trying to incorporate risk into a pension plan is an important part of an adviser's work, but how should advisers go about it? And what role do the different types of risk play in building a pension pot, as well as when the client takes the pension?
This guide will address some of these questions and is worth an indicative 60 minutes' CPD.