Do any of you ask what your workplace pension is investing in?

Not_Me_Officer

Nobody that I work with has asked this. Money is taken from us all each month & simply disappears is as much as they seem to know.
Obviously it isn't like that.


I was speaking with my IFA recently who said if I can find out what funds I'm investing in with my workplace pension then he'll take a look at it for me.
I went in to my pension portal & there's nothing. Only my contribution percentage & pot value.


It just made me wonder how many of you who have gone in to a workplace pension as part of this roll out have actually asked what you're investing in exactly & did you have any luck with that line of questioning?


I've asked payroll/HR but they don't know.


So I've now contacted who our pension is with and I'm just waiting/hoping on a reply.

greenglide

Who is the pension provider?

If it is NEST then the money isn't in conventional funds so there isn't much to find out.

Assuming it is a DC pension, of course

Not_Me_Officer

greenglide wrote: »

Who is the pension provider?

If it is NEST then the money isn't in conventional funds so there isn't much to find out.

Assuming it is a DC pension, of course

No we're with now pensions. My sister is with nest and my wife will be with nest later this month.


Regards nest, how is the money invested - what do they decide on? I may as well ask now since my wife will be with nest& in case she asks me.

JoeCrystal

I found the literature for Now:Pension fund, as it is it is not conventional funds either.

A member's guide to investments

The NOW: Pensions investment approach

Mothman

Some basic information regarding broad asset allocations, is in the NEST quarterly investment reports

https://www.nestpensions.org.uk/schemeweb/NestWeb/public/whatisnest/contents/fund-fact-sheets.html?logged=yes