Aviva pension funds - which world equity index fund?

PeteinSQ

Having read Lars Kroijer's work I have decided that I want to invest as described i.e. a mixture of global equities and UK bonds. 
The two key features of the required equity index fund are

1. that it should be allocated as per the relative size of the financial markets with no specific markets overweight
2. It should have the lowest possible fees

I appreciate that I could do this legwork myself but I wondered if anyone had already done this and could share their insight/research? 

The pension that I'm currently paying into is a lifestyle fund but it is maybe weighted too far towards bonds for my preference. I'd rather have 20% bonds and it seems to be quite a bit higher. I'm 38 so still quite a way off retirement.

dunstonh

Which version Aviva pension do you have?   There are several hundred.

The fund range available varies with each version.    Some will have full SIPP access.  Others may only have as little as 1 fund available.    So, we cannot do your research for you as we dont know what you have available.

BritishInvestor

PeteinSQ said:

Having read Lars Kroijer's work I have decided that I want to invest as described i.e. a mixture of global equities and UK bonds. 
The two key features of the required equity index fund are

1. that it should be allocated as per the relative size of the financial markets with no specific markets overweight
2. It should have the lowest possible fees

I appreciate that I could do this legwork myself but I wondered if anyone had already done this and could share their insight/research? 

The pension that I'm currently paying into is a lifestyle fund but it is maybe weighted too far towards bonds for my preference. I'd rather have 20% bonds and it seems to be quite a bit higher. I'm 38 so still quite a way off retirement.

Why just UK bonds?

PeteinSQ

dunstonh said:

Which version Aviva pension do you have?   There are several hundred.

The fund range available varies with each version.    Some will have full SIPP access.  Others may only have as little as 1 fund available.    So, we cannot do your research for you as we dont know what you have available.

Ah. I will have a look into this. 

PeteinSQ

BritishInvestor said:

PeteinSQ said:

Having read Lars Kroijer's work I have decided that I want to invest as described i.e. a mixture of global equities and UK bonds. 
The two key features of the required equity index fund are

1. that it should be allocated as per the relative size of the financial markets with no specific markets overweight
2. It should have the lowest possible fees

I appreciate that I could do this legwork myself but I wondered if anyone had already done this and could share their insight/research? 

The pension that I'm currently paying into is a lifestyle fund but it is maybe weighted too far towards bonds for my preference. I'd rather have 20% bonds and it seems to be quite a bit higher. I'm 38 so still quite a way off retirement.

Why just UK bonds?

To avoid currency risk?

PeteinSQ

I've had a look and it isn't obvious which type of pension I have but I do have access to hundreds of different funds. 
One I've had a quick look at now I find confusing: BlackRock 70:30 Global Equity Index Tracker

It's a global index tracker but it has 60% invested in UK equities. How is that a global tracker? 

AlanP_2

My wife has a 50/50 pension with SL - The numbers are UK v Global so for yours it's 70% UK and 30% Global by the looks of it - https://www.trustnet.com/factsheets/p/dtc3/aviva-blackrock-7030-global-equity-index-tracker-pn-s2

PeteinSQ

By contrast this looks to be a bit more balanced in terms of its distribution. Aviva Pensions Global Equity S6

Paul_Herring

PeteinSQ said:

It's a global index tracker but it has 60% invested in UK equities. How is that a global tracker? 

The 40% that isn't in UK equities? It's not technically inaccurate....

PeteinSQ said:

By contrast this looks to be a bit more balanced in terms of its distribution. Aviva Pensions Global Equity S6

That's the one I've got all my Aviva stuff in. (Current work's pension contributions; about 20% of my total pension funds. Rest is in Vanguard.)

PeteinSQ

AlanP_2 said:

My wife has a 50/50 pension with SL - The numbers are UK v Global so for yours it's 70% UK and 30% Global by the looks of it - https://www.trustnet.com/factsheets/p/dtc3/aviva-blackrock-7030-global-equity-index-tracker-pn-s2

Oh that helps. I was thinking that was similar numbers to the Vanguard funds where it's Bonds:Equities

BritishInvestor

PeteinSQ said:

BritishInvestor said:

PeteinSQ said:

Having read Lars Kroijer's work I have decided that I want to invest as described i.e. a mixture of global equities and UK bonds. 
The two key features of the required equity index fund are

1. that it should be allocated as per the relative size of the financial markets with no specific markets overweight
2. It should have the lowest possible fees

I appreciate that I could do this legwork myself but I wondered if anyone had already done this and could share their insight/research? 

The pension that I'm currently paying into is a lifestyle fund but it is maybe weighted too far towards bonds for my preference. I'd rather have 20% bonds and it seems to be quite a bit higher. I'm 38 so still quite a way off retirement.

Why just UK bonds?

To avoid currency risk?

vs a currency-hedged global bond fund?