Investment is about careful management not luck

pensions

For years asset allocation in pensions has not been transparent but investors and advisers should be able to ensure it is being managed to fulfil their needs

In any era there are fashion fads and what is currently de rigueur for dedicated followers of fashion is often doomed to become like those embarrassing photographs of longer hair and flared loon pants. But do not think that such passing fads are merely for the sartorially conscious or mostly unconscious; such herd-like behaviour extends to all walks of life and all too often the world of financial services too. Just cast your mind back only a few years to the dotcom and telecom boom of the nineties, which is still a painful memory for many. However before that others will also recall minin...