It is important to take a long-term view for pension savings, according to Mark Fawcett, chief investment officer for the National Employment Savings Trust.
Speaking to FTAdviser's Simoney Kyriakou, Mr Fawcett said: "Our youngest members are 17 and 18 years old, so we are going to be investing for them for 40 years or so.
"It is therefore really important we take a long-term view, and evolve the investment strategy, the strategic asset allocation over time, while keeping turnover to a minimum."
