If the securities market doesn't come back to regular levels soon and this supposed recession carries on into next year, pension funds will be hit hard as the collective money is spread over the FTSE 100 and other shares.
Although how at risk these pension funds will be in relation to the end fund holder is undecided as the government's levels of intervention is anyone's guess.
However, what we do know is that pension holders will no doubt be worried about the turbulence of the stockmarket and wary about the risk posed to their retirement nest egg.
Unfortunately for those retired, the state pension fund provides little fall back should things go from bad to worse.
The state allocation alone is barely enough to live on and certainly not enough, without more, to enjoy the levels of retirement that was envisaged throughout their working life.
Basic sundries apart, the state pension fund does not afford many purchases.
This is where equity release mortgages come on to the scene.
Equity release provides an opportunity to supplement the miserly income that economic circumstance has dictated.
By effectively turning a property into a pension fund which can be drawn upon using home reversion and equity release mortgages, retired home owners transform their life time of mortgage payments into a life time of pension fund payments.
Although the property market is on the wane, no sane person would predict a fall in line with the recent stock market plummet, which at times reached 10% a day.
Besides, home equity release from the responsible providers carries with it no negative equity guarantees.