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    • bloke91
    • By bloke91 11th Mar 17, 1:32 PM
    • 12Posts
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    bloke91
    Private Company Stakeholder Pension Query
    • #1
    • 11th Mar 17, 1:32 PM
    Private Company Stakeholder Pension Query 11th Mar 17 at 1:32 PM
    Hi

    I have a stakeholder company pension, I pay 9% and employer pays 6%.

    The investments are split across 10 funds across low, medium and high risk funds following advice from a financial advisor.

    All of them are looking as though they have achieved between 40 and 40% growth during the last 5 years apart from one fund.

    The cash series fund has been minus 5% for around 3 years. I have noticed that the pension provider has a newer version of the fund that is about minus 1%, can I contact them and move the later version of the fund? or should I just leave it as is?

    Any advice would be appreciated.

    Thanks in advance
Page 1
    • dunstonh
    • By dunstonh 11th Mar 17, 2:20 PM
    • 89,501 Posts
    • 54,962 Thanks
    dunstonh
    • #2
    • 11th Mar 17, 2:20 PM
    • #2
    • 11th Mar 17, 2:20 PM
    cash fund is used typically for people who are close to retirement and expecting to withdraw the money in one go (such as what happened with annuities). In some very low risk models, (i.e risk 1-3 on a 1-10 scale) you will often see cash as part of the model.

    The cash series fund has been minus 5% for around 3 years. I have noticed that the pension provider has a newer version of the fund that is about minus 1%, can I contact them and move the later version of the fund? or should I just leave it as is?
    Different series funds tend to be for different versions of their products. It would be unusual to have a product that has access to multiple series.

    How does the cash fund fit with your model?
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
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