The current conflict in Ukraine has caused increased turbulence in global investment markets. The Trustees of Creative Pension Trust are monitoring the situation closely with the assistance of their Investment Adviser. The Trustees have established that the Scheme’s direct exposure to Russia and Ukraine is extremely low.
Pensions are typically a long-term investment and members should avoid knee-jerk reactions that could have negative results in the longer term. Our Default Investment Strategy is designed to reduce investment risk and volatility in the run up to selected retirement age for members invested in that approach.
The Trustees will continue to monitor the effects of the conflict in Ukraine closely and urge members to seek financial advice (you can find a financial adviser through www.unbiased.co.uk) or where nearer retirement book a free Pension Wise guidance appointment by visiting the Government’s MoneyHelper website (www.moneyhelper.org.uk) before taking any actions regarding their pension investments