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Dc pension Standard Life SLP

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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    scalextric wrote: »
    I am with Standard Life and have 8 different funds, wondering if I should reduce this down to 2 or 3


    I have just 3 and six figures in it, so from my perspective id say yes but it depends what your funds are and why you chose them.
  • Albermarle
    Albermarle Posts: 29,783 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    After thought I'm going to go with SL Passive Plus V fund
    Should be OK . If there is a market crash at some point, it will go down quite a lot but don't panic and just leave it alone to recover.
    In say 15 years time , you might want to dial down the % equity /risk , depending on your future plans for taking the pension.
  • LifeOf
    LifeOf Posts: 9 Forumite
    My pension will be checked yearly when the statement comes in, I would not be actively checking its progress throughout the year so I would not worry myself into a decision during good/bad periods.
    My main aim is to switch from the default fund into something more pro active which I think Passive V provides with the higher equity balance
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