Pension Portfolio question..

SpeedSouth

Hi,

I put this on the pensions board but no one bit, so maybe it's more suited here?

Irrespective of the pensions package do people think the below is reasonable?

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.

Royal London, 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

mvarrier

What are the costs?

green_man

If you have 30+ years to retirement then I would expect the vast majority of your investments to be equity based, I assume the Global Managed fund is equity based so assuming reasonable charges I don't see any major issues with the above

SpeedSouth

Charge for the fund is 0.75%, so not much above the best SIPP you could get anyway.

This is the fact sheet for the Global Managed fund which from my still "green eyed" view is heavily equities based.

I'm hoping I don't have to do the full 30+ years at this point mind you. But it will be a pretty big chunk of them I suspect