An investment expert says some people should just ignore the Reserve Bank Governor

After lowering interest rates, Adrian Orr has dug the spurs in on encouraging people to take on more financial risk.

He's suggesting savers should find more active investments than their bank account.

But Mark Lister from Craig's Investment Partners says investments like shares and property are more volatile - and people can lose money.

He says retirees should make sure they can shoulder the extra risk before making the switch.