Wealth tip

Aiming for higher returns

If you have some time until you retire and it’s appropriate for your situation, you could consider increasing your retirement fund by taking a higher risk reward approach with your pension fund or other investments such as ISAs. A typical lower risk portfolio might be split between gilts and fixed interest investments with maybe 50 per cent in a UK equity growth fund.

However, if you want to aim for higher returns, you may wish to consider alternative higher risk options in different countries and across different sectors. This might include holding 35 per cent of a portfolio outside the UK, mixing in exposure to the US, Europe and also the Far East. Future values of investments cannot be predicted, past values are not an indication of future performance.

You should always take professional investment advice before making any decisions and review your position at least annually.

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