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Nest Pension - is this low value pot?

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  • dunstonh
    dunstonh Posts: 119,662 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    jampot7us said:
    The comparisons on their website were made at the end of March , when markets were near the bottom . A high risk fund would have taken the full ( or nearly full )  brunt of the drop but will have recovered strongly again since . To get a more accurate comparison you would need to compare the two funds today.
    Ty...I am yet to see the higher risk fund doing better than the ethical fund.. pretty much somce autoenrolmemt started...
    How long have you been looking?  An economic cycle is around 10 years.  That is the sort of period where risk differences tend to play out.  Not 2-3 years and just after a couple of negative events.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • jampot7us
    jampot7us Posts: 23 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    dunstonh said:
    jampot7us said:
    The comparisons on their website were made at the end of March , when markets were near the bottom . A high risk fund would have taken the full ( or nearly full )  brunt of the drop but will have recovered strongly again since . To get a more accurate comparison you would need to compare the two funds today.
    Ty...I am yet to see the higher risk fund doing better than the ethical fund.. pretty much somce autoenrolmemt started...
    How long have you been looking?  An economic cycle is around 10 years.  That is the sort of period where risk differences tend to play out.  Not 2-3 years and just after a couple of negative events.
    Certainly not 10 years....when  the auto enrollment kicked in ...the pension started in the ethical fund..After a couple of years I decided to move over to the higher risk fund  ...I will be 48 at the end of this year..  
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