Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

Adviser data and ratings provider Defaqto has added 1,047 risk-rated funds and DFM Model Portfolios to its Financial Planning software Defaqto Engage.

Synaptic Software has bolstered its Synaptic Product and Fund research tool to provide its 8,000 subscribers with access to more information about investment risk ratings.

Seven in 10 investment ISA portfolio are in sectors with top risk ratings of Five to Seven – even though research shows only 9% of UK adults rate their appetites for risk as being this high. Read more...