UK Pensions Exposed Without Diversification To Gold As Pensions ‘Time Bomb’ Looms…(Here Too!!)
Friday, 25 April 2014
Pensions Exposed Without Diversification To Gold As Pensions ‘Time Bomb’ Looms
The ‘pensions time bomb’ looms: pension funds lack of diversification, and over exposure to traditional assets may cost pension holders dearly according to research we have just released. Pensions allocations to gold are very low internationally and yet gold has an important role to play over the long term in preserving and growing pension wealth.
The Guide To Gold In UK Pensions shows the importance of owning gold as a diversification in a pension in the UK. Allocations to gold in pensions are very low internationally and therefore the research is relevant for pension owners internationally.
Professor of Finance in Trinity College Dublin, Dr Brian Lucey wrote the Foreword and warned about the lack of diversification in pension funds. “Pensions need balance. UK pension funds have been slow to embrace gold and this imbalance may cost pension holders dearly” said Dr Lucey.