Share prices of the top 100 companies on the UK stock exchange (FTSE 100 index) fell by 3% yesterday, equating to a loss in value of £52 billion.
It has prompted fears for people who have private pensions tied-up in the stock market, but Aidan Vaughan expects equity funds to remain "a very good hedge", despite greater market volatility.
Speaking on Premier Christian Radio's New Hour programme, Aidan Vaughan, who belongs to the Association of Christian Financial Advisors (ACFA), said: "It would only affect them if their money was invested in a UK or a global equity fund but, for anyone who is affected, they may want to think about holding off maturing their pensions for a few months.
"We've become used to the volatility rising and this is really due to hedge funds and short-term traders who are now the largest part of all markets.
"So, they tend to drive markets down but, in the long-term, equity funds have been a very good hedge and we would expect that to continue but everyone needs to have a broadly-based approach to looking after their money."
Aidan Vaughan is also urging people who are eligible to make the most of workplace pensions.
Difficult trading conditions so far this month have been linked to a significant drop in oil prices and concerns over China's economy, which saw it's slowest growth in 2015 for 25 years.