Pensions - Articles - The Pensions Management Institute Reacts to 'Brexit'

  However, it is clear that in the short term there will be considerable volatility in financial spheres, which will have to be ridden out. Pension schemes are long-term arrangements, and should therefore maintain that long-term focus, resisting any pressure to react to short-term events where the implications are unclear.

 "For those who do have to think in the short term, such as those looking to retire in the near future, the decision is more difficult, and they will be more exposed to the short-term volatilities. However, where possible, the message should still be to base decisions on carefully-thought out positions, rather than knee-jerk responses."