collective retirement account

pas4321

Hi I've just gone 55 and I'm currently moving my pension into a CRA .
I have to select my fund choice.
I'm looking for a fund which is low risk. BLACKROCK CASH U2 seems ideal. Low risk and we can then draw money (. Flexi ) as and when I need to. Any suggestions on any other funds which may be even less risk?

dunstonh

Hi I've just gone 55 and I'm currently moving my pension into a CRA .

CRA is a marketing name for the Old Mutual Wealth Platform's personal pension.

I'm looking for a fund which is low risk. BLACKROCK CASH U2 seems ideal. Low risk and we can then draw money (. Flexi ) as and when I need to.

A fund aimed at people wanting a short term out from the markets. Typically for those drawing money within the next 12 months.

Any suggestions on any other funds which may be even less risk?

Depends on what risk you are talking about. If you are not drawing ALL of the money from the pension in the short term, then you are replacing investment risk with shortfall risk and inflation risk.