Short term investment

Albermarle

Pipkin1812 said:

My SIPP is with AJBell. They have a ‘cautious’ fund which I have £400 invested in (amongst a range of their other funds). I will look into Troy Trojan, is this likely to be very different from AJB fund? Thank you. 

Probably not fundamentally different and probably a similar risk level . The difference will be be the Troy fund is actively managed and will have a higher charge .

Pipkin1812

Thanks everyone for your thoughts. I think I will go the low risk investment route and I will keep paying into my AVC. I’m still not clear why going at 60 (with R85 protection) is optimal. Do you lose over a period of time if you delay?

MX5huggy

Have a read of this current thread and may start your own on the pension board, with LGPS in the title you will then get @Silvertabby amongst others to explain it. 

 https://forums.moneysavingexpert.com/discussion/6277879/lgps-when-is-the-best-time-to-take-my-pension/p1

I don’t want to have a go because I don’t understand (because I’m too young to need to) the Rule of 85. I know some of the old timers in the office work for £30k per year then someone points out they could leave now and still get £20, they then leave!