Steve is 73, widowed, and has three sons and four grandchildren. He receives income from an annuity and state pension, which he tops up with the income of about 3 per cent the investments in his self-invested personal pension (Sipp) produce. He also part-owns a commercial property and gets a share of the £60,000 a year income it pays out.
Mitigate market risk with non-equity assets
Reader Portfolio
Steve, 73
Description
Sipp, Isa, unwrapped funds and cash
Objectives
5 per cent total return a year, reduce number of holdings
