You will probably be aware of the significant falls that have taken place in global financial markets as a result of the Coronavirus pandemic. These falls will have an impact upon pensions and savings all over the world, and unfortunately this will include members of the Salvus Master Trust.
The Trustees of the Salvus Master Trust believe that members should not panic, but should remember that pension savings are for the long term, and that markets typically respond positively after a crisis has passed.
If you are uncertain as to how this impacts you and your investments we recommend that you seek financial advice. If your employer uses a financial adviser in connection with their scheme, you may wish to speak to them. If there is no adviser associated with your scheme, you could find an Independent Financial Advisor here.
For some Employers the Cautious Lifestyle Strategy may not be a suitable default option and therefore we offer the Balanced Lifestyle Strategy as an Advised option.
Instead of investing a fund which lifestyles at target retirement age minus 15, this is delayed by five years and starts to lifestyle at target retirement age minus 10.
Once again, the objective of the Default Fund (Balanced Lifestyle Strategy) is to balance the investment risk with the opportunity for providing investment long-term growth in three distinct phases: Growth, Consolidation and Pre-Retirement.
These changes are made automatically and are reviewed regularly by the independent Trustee Board. All investments are held in AEGON Asset Management and protected by the Financial Services Compensation Scheme (“FSCS).
On the basis that you have already consulted with and advised your client, simply email us to advise us that your client's pension scheme is to be set up on this basis.