Royal London Pension

SpeedSouth

Hi,

This the current funds that my auto-enrolment pension is investing in.

Fee's are 0.75%. I receive employers contributions regardless of mine so I wonder do people think I could go elsewhere and receive better growth?

I've very recently began reading up on funds, pensions etc so will not make any rash decisions just looking for more opinions on whether this a decent enough home for the time being.

RL, Global Managed 77.74
RL, Property 17.50
RL, Long Corp Bond 1.38
RL, Long index link 2.38
RL, Gbl HighYldBond 1.00

It states it will reduce exposure to risk as I near retire age assumed (2046)

I can of course change funds looking at, but then potentially my platform charge will increase

Zamm005

BUMP!

I have exactly the same question. Anyone have any ideas?

kidmugsy

I'd look at the management charges. For someone thirty years shy of retirement it looks to be a reasonably sensible portfolio, but a managed fund is more expensive than the sort of passive funds that you might choose in a personal pension or SIPP. You could check the charges, for instance, of Vanguard funds and ETFs. To those you'd need to add any charges on the "platform" (online stockbroker) that you'd buy them through.

dunstonh

I have exactly the same question. Anyone have any ideas?

What question?

There was no question in the original post. That is perhaps why it got no responses. It did suggest they wanted an opinion but there is not enough info to go on to offer opinion.

Most modern Royal London pensions have access to the Governed portfolios and these are plenty good enough for the average consumer who is not investment experienced. RL have one of the best due diligence and governance going. So, is there any reason to think that you can do better by self selecting?

mgdavid

dunstonh wrote: »

What question?

There was no question in the original post. .......

You're slipping

OP line 2 onwards -
"...so I wonder do people think I could go elsewhere and receive better growth?"

dunstonh

mgdavid wrote: »

You're slipping

OP line 2 onwards -
"...so I wonder do people think I could go elsewhere and receive better growth?"

oops. Still, I managed to answer that question now without realising it.