Pension funds confusion...Help? :)

jennyjj

Gubz22 wrote: »

I really appreciate any support/help that is given.


Many thanks everyone.
Darren

Hi Darren, It's a bit daunting, but I made use of this to shortlist my investments.
https://www2.trustnet.com/Tools/TopQuartiles.aspx

I personally looked for funds that were achieving average performance better than 15% per annum and then looked at the 5 year charts of those. The smoothest charts stayed on the shortlist and the most volatile ones didn't, even though the might have had better average growth.
This is also useful http://www.hl.co.uk/funds/help-choosing-funds/wealth-150

Once you decide where in the world to invest based on your perception of the state of the world, just take your pick.

Lindsell Train funds attracted me. Previously I've done well in Asia funds in my pension.

This all assumes your scheme allows you to select those funds. Your scheme should provide you a list of what's open to you to invest in.

JJ

AnotherJoe

Gubz22 wrote: »

Hi all,


I have watched some advise on pensions from the community and everyone has been so helpful so I was wondering if I could possibly ask for some assistance.


Basically I have a work pension in the 'SL BlackRock Managed (50:50) Global Equity Pension' which I believe to be a standard low risk solution (Maybe I am wrong?). Personally by nature I'm a gambler and would much prefer not only to split out my funds but to also put my money in more high risk investments as a have a long time till retirement (38years).


Some details about me;
Currently 30years old.
Paying 7% company pays 9% (this will increase to 10% in a few months) on a salary sacrifice scheme.
Would prefer more high risk as intend to leave this there for at least the next 10years min (to even out the ups and downs).
By the looks of it I'm not restricted by which funds I can put my money into with Standard Life.
Current value is around £13k (£11,117.17 payments and £2,040.96 investment growth from June-2014.)
I'm unsure of what information would help people here assist me? I have not yet spoke to an IFA but would be sure to before I make any major movement.
So basically my over all question is can anyone guide me to what would be a decent mix-up of medium to high risk funds for my future?


I really appreciate any support/help that is given.


Many thanks everyone.
Darren

FWIW here's what i have in my SL pension which from your comments might match your requirements.

SL Vanguard FTSE Developed World ex UK Pension Fd
Standard Life Overseas Tracker Pension Fund
SL Vanguard SRI Global Stock Pension Fund

The reason for having the first two which are very similar is i couldn't decide so rather than procrastinate i split 50/50. They have tracked each other near identically for about the past 3 years since i got them so i could have flipped a coin and got either one.

AFAICR from choosing at the time they are all low cost tracker type funds. They will be (and are) volatile = high risk but i believe as they are global, time erodes the high risk element. You could also have high risk but all in one sector, say biotech or far east, where time doesn't necessarily lower the risk.

One main difference from yours is a very low UK %. Thats a deliberate policy on my part. Its not just because i want low UK its also because if you choose a high UK % you generally get lumbered with the top of the FTSE100 (just because of the way the maths works) and though arguably it isnt UK centric because they are all huge multinationals, they are concentrated in a few industrial sectors, which i dont want.

I also have another SIPP same size that has a larger UK % but in specific companies and sectors I like.