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IFA cost for managing pension
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gadgetmind wrote: »(snip)
I've read dozens on books on asset allocation, and how to manage drawdown risk, so feel comfortable to DIY, and it only takes me a few hours a year to rebalance things, so no way could stomach paying someone hundreds of pounds for this simple job, never mind thousands!
But someone who decides to go it alone but doesn't put in the work is likely to chase good returns, buy high and sell low, panic at the wrong times, have an asset allocation that would scare even me, and generally screw it up.
Any good recommendations (books/links) on the drawdown element?
I believe I’m doing okay managing the funds now (working, at least a year or two left!), but haven’t done masses of research into the next phase!!
Thx!Plan for tomorrow, enjoy today!0
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