A new survey has found that  34% of advised clients become less cautious about investment risk following a discussion with their adviser, compared to just 16% who become more cautious.

Analysis of stock market returns by Aegon, since the introduction of the pension freedoms, has revealed the importance for drawdown investors of comfort with stock market volatility.

Worried retirees have revealed their fears as the fourth anniversary of pension freedoms approaches.

A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39%  have ‘zero’ willingness to take a risk with their money, according to a survey.