Pension Funds Performance Comparison Information

Guitarrero

Hi All,
Just coming out the other side of a bad 'advice' experience, so I'm looking for a new home for my (and my wife's) SIPP pension pots ... is there somewhere I can look up funds performance figures?
Ideally looking for a decent and reasonably priced fund where we can just leave the pension pots to do their thing ... not really interested in actively managing the things!:eek:

Thanks,
Steve

Linton

You can look up fund details on www.trustnet.com.

However the important thing is not choosing a "a decent and reasonably priced" fund, but rather a fund or set of funds that provides a very broad exposure to a wide range of underlying investments. If you dont want to provide your own active management you need to have a fund that does it for you. This is normally a fund of funds where the fund manager buys a range of more focussed funds keeping the relative proportions fairly constant over time. L&G for example provide their Mixed Investment Funds x%-y%, where the % indicates the amount of equity (shares) in which the fund invests. Generally but not at all times the higher the % the higher the return but the greater the amount of volatility. There are other providers of similar funds which you will find in the 3 Mixed Investment sectors on Trustnet.

Guitarrero

Many thanks Linton, I'll have a look at Trustnet.

Linton wrote: »

However the important thing is not choosing a "a decent and reasonably priced" fund, but rather a fund or set of funds that provides a very broad exposure to a wide range of underlying investments. If you dont want to provide your own active management you need to have a fund that does it for you.

I think I'm looking for what many providers would call a Managed fund with a 'Balanced' attitude to investments ... I'm 60 now and have been paying in for 30+ years, so don't want to be too adventurous with my p/pot at this stage in the proceedings; just looking for a steady-ish return, without 'squeezing the pips', until such time as I need/want to access some of the pension.
Thanks,
Steve

bigfreddiel

I know we all need to start somewhere when investing but judging by your question an general discussion, and your age, I think you really need to take some advice from an ifa. Don't go to your bank or building society.

For an ifa look at unbiased web site.

For some reading go to monevator site and check out passive investing.

Good luck fj

dunstonh

Guitarrero wrote: »

Many thanks Linton, I'll have a look at Trustnet.


I think I'm looking for what many providers would call a Managed fund with a 'Balanced' attitude to investments ... I'm 60 now and have been paying in for 30+ years, so don't want to be too adventurous with my p/pot at this stage in the proceedings; just looking for a steady-ish return, without 'squeezing the pips', until such time as I need/want to access some of the pension.
Thanks,
Steve

If you do look at funds in that sector and are looking at performance then you need to be aware that the sector has funds across around 4 different risk profiles (on a typical 1-10 scale). So, you should not put too much weight on performance without knowing the risk.

Guitarrero

dunstonh wrote: »

If you do look at funds in that sector and are looking at performance then you need to be aware that the sector has funds across around 4 different risk profiles (on a typical 1-10 scale). So, you should not put too much weight on performance without knowing the risk.

Thanks; I'm already struggling to make any sense of the data offered, so it's not really any use to me as a layman ... I freely accept my lack of knowledge in this field :^(

bigfreddiel wrote: »

I know we all need to start somewhere when investing but judging by your question an general discussion, and your age, I think you really need to take some advice from an ifa.
Good luck fj

Many thanks for your concern, and yes, I should probably get some advice from a good IFA ... note the emphasis on good!
We had been locked into very restrictive and poorly performing pensions with Abbey Life since the early 1980s, and when the pension rules all changed last year we approached an IFA to see if the new rules would enable us to move our pensions to a better performing provider ... and I wish we hadn't. :mad:
To cut a long story short, we were repeatedly assured that we had nothing to lose by moving our pensions, but were hit with early exit penalties, lost other benefits and end of Term bonus, unexpected fees, etc.
Without going into detail, and after wrangling for 6 months, suffice it to say that we have finally received a 5-figure payment from the IFA's Professional Indemnity Insurers by way of compensation, but this in no way covers the longer term damage.

Sooo ... that's why I'm here asking my naïve questions in an attempt to learn how to do things myself, and to try to find a safe home for our pensions until such time as we need them