Pension Fund Changes - Sense Check

BankerInTheBlack

cfw1994 said:

Looks fine to me. 
We also use Aviva, and the AMC is the total cost (although our AMC charge is a little lower)

Our default fund was BlackRock (50:50) Global Equity Index Tracker....which was 'okay', but your fund was another option, & the 10 year comparison between them was fairly chunky for two funds that "sound similar" - approx 100k in the former would have got to around 200k (ie, doubled), whereas your fund tripled (around 300k)     

Only question then is whether you have other funds you might want to look at, & perhaps consider putting a small % into.   
We have around 80, and whilst past performances is clearly no indication for future results, I personally have a fondness for US tech (my line of work!), and have some of mine in a Baillie Gifford American fund - the 10 year figures for that took that 100k to almost 900k!

OF COURSE it is entirely possible that things in such a fund could go pear-shaped, and your chosen fund is a good overall tracker, I would say....but if you fancy "spreading those bets" even further, that is an option to look into.   
For me, it involved a slack day printing and comparing fund sheets (with the proviso that past perf is no guarantee to future, etc)......if only to gain a better appreciation for what funds are invested in.

Thanks @cfw1994 that's really useful!

tel_

cfw1994 said:

Looks fine to me. 
Only question then is whether you have other funds you might want to look at, & perhaps consider putting a small % into.   
We have around 80, and whilst past performances is clearly no indication for future results, I personally have a fondness for US tech (my line of work!), and have some of mine in a Baillie Gifford American fund - the 10 year figures for that took that 100k to almost 900k!

OF COURSE it is entirely possible that things in such a fund could go pear-shaped, and your chosen fund is a good overall tracker, I would say....but if you fancy "spreading those bets" even further, that is an option to look into.   
For me, it involved a slack day printing and comparing fund sheets (with the proviso that past perf is no guarantee to future, etc)......if only to gain a better appreciation for what funds are invested in.

Ah yes, the ubiquitous Baillie Gifford funds - if only we knew the next extraordinary fruitful fund to be in for the next 10 years!