PPF to 'expand investment strategy'

Diversifying assets could lead to bigger pension pots for individuals, it has emerged.

Alan Rubenstein, chief executive of the Pension Protection Fund (PPF), noted that certain investment markets will be easier to access as the number of investors increases.

He stated that the main goal of his organisation is to maximise savings, as it focuses on higher long term performance.

The group confirmed that it will continue with its hedging strategy, which hopes to lessen any losses incurred - while at least 65% of the portfolio will remain invested in cash and bonds.

The aim is to outperform the benchmark that has already been set for the year by 1.8%, instead of the current 1.4% projection.

It was recently announced by the National Association of Pension Funds that retirement funds are still the best option for preparing for the future, with 18% of those questioned remarking that property is the soundest method of planning.