How can Aviva lose so much of my pension?

xylophone

http://monevator.com/making-the-case-for-cash/
"Sipping your glass empty

If this were not bad enough, those trying to hold cash within SIPP pension schemes typically receive near-zero returns on it.

There is a solution to this, however, which I use myself. That is to have a SIPP set up with a provider that allows you to put your cash in building society and bank accounts of your choosing. Admittedly they have to be postal-administered trustee accounts, which restricts your choice severely, but if you look at Investment Sense’s listings, you’ll see the rates similar to the usual best buy tables – indeed the current five-year fixed rates are higher than the comparative ISA ones.

A word of warning: Suitable SIPP accounts don’t come cheap in their running costs, nor in the set up charges for each building society account. You are probably going to need a pension pot in excess of £100,000 to make them truly worthwhile."

begbeer

It could be they have sent you someone else's pension forecast,. they have done this to me twice in the last two years, and remember reading somewhere it was wide spread,