In some cases, they write to me for reassurance that they will be properly looked after by an adviser. Here’s the latest: “Now that we are both retired the management of our funds is more complex, and while I do need support, I feel quite apprehensive to trust our hard saved retirement funds to someone who in the end has to answer to their own company/managers,” a reader writes.
This reader has had a few different advisers over the years, but never felt comfortable enough with any of them to hand over all her investments. Now, as a retiree, she wants to consolidate everything with one person who will protect the retirement money she and her spouse have saved.