Pension savers and investors' nest-eggs have been savaged as the UK's leading share index had its worst year since the height of the financial crisis.
Such market volatility can be alarming, but people should not panic. Anyone who sold shares back in March would have missed out on the market's gains we've seen since, for instance.Market movements don't only affect savers with shares or funds that invest in the stock market. They also affect anyone with a pension scheme, as the money we stash for our retirement is invested on our behalf in the market.
"The key for investors of all ages is to ensure that your portfolio is well diversified across assets, sectors and regions so that you are not overexposed to risk in any one part of the market.""If 2020 taught us anything it's that predicting short-term movements in the stock market is impossible," Robin Powell, editor of The Evidence-Based Investor told the BBC.
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