Secretive pension providers

gadgetmind

jamesd wrote: »

perhaps in part due to expectations of lower volatility. Not that volatility is necessarily bad

I'd rather reduce volatility with uncorrelated assets than by filtering holdings based on income.

except for the risk of a GAD calculation at a downward time that can reduce income even if the income produced doesn't drop significantly.

True enough. I'm hoping that the link between drawdown and gilts will be severed fairly soon.

Not sure about high yield in a bubble. Maybe some but not as much as the high quality income segment.

Yes, sorry, that's more what I meant. Not that I think blue chips are over-priced, more not as discounted as growth shares, but the safer end fixed interest is for the most part over-bought, so people are starting to move up the risk scale.

However, I'm a bit of a noob to fixed interest, and still find it way harder to get my head around the nuances than with equities.

jamesd

gadgetmind wrote: »

I'm hoping that the link between drawdown and gilts will be severed fairly soon.

Not according to the Q&A in the FT Money section today. The minister seems committed to it and 100% GAD. Makes me wish for the more sensible Labour policies in this area, though there have been some welcome moves by this government in other aspects of retirement planning.

gadgetmind

jamesd wrote: »

Not according to the Q&A in the FT Money section today. The minister seems committed to it and 100% GAD

Well, I guess it doesn't affect his pension ...

Anyway, my current plans work with 4.4% drawdown at age 55, so status quo isn't crippling. Flexible is an option, but I'm 100% private pensions, so it's a bit of a juggling act.