In a multi-threat world, uncertainty is now a lasting feature of investment markets. Rather than trying to predict geopolitical events, advisers need to help clients stay focused on what matters: whether today’s risks are likely to affect long-term investment outcomes. Staying invested remains vital, but clients need confidence that portfolios can withstand shocks and adapt as conditions change. Active multi-asset managers can provide that resilience by diversifying across return drivers, adjusting exposure dynamically and managing concentration risks that passive strategies must accept. This session explores how active multi-asset investing can support stronger portfolios and more confident client conversations.

Learning objectives

1. Identify the key drivers of current market uncertainty and communicate a coherent case for staying invested.

2. Assess the implications of market uncertainty for portfolio construction and client outcomes.

3. Explain how active multi-asset strategies build resilient, adaptable portfolios designed for a multi-threat world.

Recent regulatory changes, alongside evolving tax rules around pensions and Inheritance Tax, have brought renewed attention to how retirement income is planned and delivered. At the same time, many clients are finding that their retirement needs are becoming more personal and more complex — requiring solutions that go beyond traditional, one size fits all approaches. In this session, David Wilson and Matt Green will discuss the core challenges of decumulation, the regulatory backdrop and how a fully personalised retirement investment strategy can support clearer, more confident outcomes.

Learning Objectives

By the end of this session, you will be able to:

• Better understand the outcome of the FCA’s Thematic Review of Retirement Income Advice

• List the different decumulation risks for clients

• Outline the benefits of a fully personalised retirement investment strategy