Financial Planning
Portfolio diversification is an investment strategy that involves spreading investments across different asset classes, sectors, and geographic regions. The main goal is to reduce risk and enhance potential returns by ensuring that the performance of one investment does not heavily impact the overall portfolio.
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By consolidating pensions, individuals can streamline their retirement planning, making it easier to keep track of their investments. This process can potentially reduce management fees, improve investment performance, and provide a clearer picture of retirement readiness.
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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.