Company changing stakeholder fund

si2winit

Hoping for some advice really, since my company stakeholder started in 2006, the default fund was a 100% equity fund ‘blackrock long term fund class 8’, this fund is rated high in risk and performed quite well over the last few years, due to the exposure to Uk equities, I put 40% of my fund in ‘blackrock equity ex uk fund’ and with high US exposure it’s performed brilliantly up to a month or so ago.

Ill try to move on to my point, apologies. The core fund is changing to fidelity diversified pension fund class 1c it’s medium risk. With the following allocation:

Global for ember bonds 5.62%
Global corporate bonds 4.99
Global inflation linked bonds 7.47
Global high yield bonds 13.16
Global dividend equities 6.23
Emerging market debt 8.59
Global developed real estate 1.94
Developed market equities 45.35
Emerging market equities 6.66

Just looking for some thoughts on the above fund and allocation etc, there are only 5 or so to chose from from the scheme (very poor)

For more information in 36 years old, wish to retire at 60. I have 68k in the fund currently.

Does the fund seem to safe? Or a good bet for someone of my age with reduced volatility?

Thanks in advance

si2winit

All funds are 0.50% fees

si2winit

Won’t let me edit, top allocation is global government bonds 5.62% sorry,

jamesd

si2winit wrote: »

information in 36 years old, wish to retire at 60. I have 68k in the fund currently.

Does the fund seem to safe? Or a good bet for someone of my age with reduced volatility?

The fund will go up and down less. That is probably a good thing given the current state of markets.

Long term it would be expected to greatly reduce the final value of your pension pot because of the expected lower growth rate from a reduced equity proportion.

Albermarle

It is unusual that a default fund was 100% equities. The new default fund is more typical being approx. 60% equities
You have benefitted from the pure equity fund in recent years, but would have been good if the fund had changed around 6 months ago, as it would have mitigated some of the recent market losses. But timing markets is very difficult and usually a matter of luck, good and bad.
At your age there is plenty of time for it to recover though and probably you will be better in a higher risk fund although maybe not full 100% equities and some diversity will be good , especially as the fund gets bigger as you get older.

xylophone

You might consider opening a personal pension to run alongside your workplace pension - you could choose a higher risk fund.

Dox

xylophone wrote: »

You might consider opening a personal pension to run alongside your workplace pension - you could choose a higher risk fund.

A stakeholder pension IS a personal pension - one with the advantage of low charges and no exit fee, amongst other things. That said, you may well be right about opening a 'normal' personal pension if the current one doesn't give the choice OP requires.

OP - have you looked at all the funds offered by the provider, not just the default/core options?