We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Pension Review Form Query

I have a been sent a pension review form and under Client Objectives there is an objective which I do not understand. It states: Less volatility (away from BM/EB) Would like more stability in growth. Concerned that factors affecting equities growth will not be positive. Giving a Yes/No reply option. What does BM/EB mean in this context? I searched on Google and did not find an answer and I asked the firm who sent me the form and they did not answer the question. Please help if you know the answer.

Should Scotland be independent? 6 votes

Yes
0% 0 votes
No
50% 3 votes
Maybe
50% 3 votes

Comments

  • dunstonh
    dunstonh Posts: 118,542 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What does your poll have to do with your subject?

    Ask your adviser as they would have risk profiled you as part of the review and they will be able to explain their risk scale in context. There is not a universal risk scale. Each firm has it's own one and the weightings would be different. (i.e. one 1-10 scale could be different to another 1-10 scale)

    If you are paying the adviser to give a review then they should answer the question. If its not an adviser and one of these unregulated scam companies that are cold calling and on the internet then think of it as a lucky escape if they are no longer in contact with you.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • mania112
    mania112 Posts: 1,981 Forumite
    Part of the Furniture Combo Breaker
    I'm not sure England should lose its biggest county.
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's unclear what BM and EB mean. What is clear is that if you select lower volatility, they are likely to choose investments with lower growth, because that is the trade off made to get lower volatility.

    Better to be explicit, tell them what percentage drop you'll take in a bad year. The main UK market can expect to see a 20-25% drop every two to four years and 40-50% once or twice every ten years. But with growth overall, like a rollercoaster in reverse. Tell them whether you want that drop to be over the whole mixture combined and/or also want it or a higher range to also apply to individual investments within the mixture.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    I assume bm could be benchmark but unsure of eb.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.2K Banking & Borrowing
  • 252.1K Reduce Debt & Boost Income
  • 452.3K Spending & Discounts
  • 240.7K Work, Benefits & Business
  • 617K Mortgages, Homes & Bills
  • 175.6K Life & Family
  • 253.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.