NEST retirement date fund performance

AskAsk

Not sure if anyone can comment but would appreciate any comments that may help me with this.  My friend joined NEST in August 2013.

I have looked at my friend's NEST benefit statements since 2014 and I have put the figures into a spreadsheet to calculate the fund return since then.  This is what I have

-2.9% (2014)

24.4% (2015)

0.7% (2016)

23.2% (2017)

-1.5% (2018)

6.4% (2019)

-15.5% (2020)

32.1% (2021)

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

I am a bit sceptical as to how these returns are so large for these years, so would like someone else to confirm that they have also received these returns themselves, or point me in the direction of the fund performance returns as it is not available on the NEST website.

Thanks.

Marcon

AskAsk said:

Not sure if anyone can comment but would appreciate any comments that may help me with this.  My friend joined NEST in August 2013.

I have looked at my friend's NEST benefit statements since 2014 and I have put the figures into a spreadsheet to calculate the fund return since then.  This is what I have

-2.9% (2014)

24.4% (2015)

0.7% (2016)

23.2% (2017)

-1.5% (2018)

6.4% (2019)

-15.5% (2020)

32.1% (2021)

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

I am a bit sceptical as to how these returns are so large for these years, so would like someone else to confirm that they have also received these returns themselves, or point me in the direction of the fund performance returns as it is not available on the NEST website.

Thanks.

The figures for the last five years are on the website: https://www.nestpensions.org.uk/schemeweb/nest/investing-your-pension/fund-choices/compare-fund-performance.html

Has your friend contacted NEST to ask for confirmation of the figures for 2014, 2015 and 2016?

AskAsk

Marcon said:

AskAsk said:

Not sure if anyone can comment but would appreciate any comments that may help me with this.  My friend joined NEST in August 2013.

I have looked at my friend's NEST benefit statements since 2014 and I have put the figures into a spreadsheet to calculate the fund return since then.  This is what I have

-2.9% (2014)

24.4% (2015)

0.7% (2016)

23.2% (2017)

-1.5% (2018)

6.4% (2019)

-15.5% (2020)

32.1% (2021)

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

I am a bit sceptical as to how these returns are so large for these years, so would like someone else to confirm that they have also received these returns themselves, or point me in the direction of the fund performance returns as it is not available on the NEST website.

Thanks.

The figures for the last five years are on the website: https://www.nestpensions.org.uk/schemeweb/nest/investing-your-pension/fund-choices/compare-fund-performance.html

Has your friend contacted NEST to ask for confirmation of the figures for 2014, 2015 and 2016?

thanks for the link.  that states the cummulative over the last 5 years and not each individual year?  or am I not getting to the correct section of the link?

the cummulative over the last 5 years, which would be to 2021 as the statement dates are in July, is 43.2%, and this compares with 45.4% on my calculations spreadsheet.  So a cumulative figure is not too way out but each individual one does sound incorrect as the last year's perfomance on the link is 9.3%, compares to 32.1% in his benefit statement.

He hasn't paid any attention to the statements and I have just looked at them for him today.  I thought I should ask here before getting him to call NEST.  The statements don't look right to me.

Mothman

Nest have historical fund prices available to download. https://www.nestpensions.org.uk/schemeweb/nest/nestcorporation/investment-approach/fund-factsheets.html

Thrugelmir

AskAsk said:

Marcon said:

AskAsk said:

Not sure if anyone can comment but would appreciate any comments that may help me with this.  My friend joined NEST in August 2013.

I have looked at my friend's NEST benefit statements since 2014 and I have put the figures into a spreadsheet to calculate the fund return since then.  This is what I have

-2.9% (2014)

24.4% (2015)

0.7% (2016)

23.2% (2017)

-1.5% (2018)

6.4% (2019)

-15.5% (2020)

32.1% (2021)

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

I am a bit sceptical as to how these returns are so large for these years, so would like someone else to confirm that they have also received these returns themselves, or point me in the direction of the fund performance returns as it is not available on the NEST website.

Thanks.

The figures for the last five years are on the website: https://www.nestpensions.org.uk/schemeweb/nest/investing-your-pension/fund-choices/compare-fund-performance.html

Has your friend contacted NEST to ask for confirmation of the figures for 2014, 2015 and 2016?

thanks for the link.  that states the cummulative over the last 5 years and not each individual year?  or am I not getting to the correct section of the link?

the cummulative over the last 5 years, which would be to 2021 as the statement dates are in July, is 43.2%, and this compares with 45.4% on my calculations spreadsheet.  So a cumulative figure is not too way out but each individual one does sound incorrect as the last year's perfomance on the link is 9.3%, compares to 32.1% in his benefit statement.

He hasn't paid any attention to the statements and I have just looked at them for him today.  I thought I should ask here before getting him to call NEST.  The statements don't look right to me.

Was your friend a scheme member during this period making monthly contributions? 

dunstonh

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

The figures don't look unreasonable or out of the ballpark for the years mentioned.  They don't appear to be calendar years but they are not far off.

AskAsk

Thrugelmir said:

AskAsk said:

Marcon said:

AskAsk said:

Not sure if anyone can comment but would appreciate any comments that may help me with this.  My friend joined NEST in August 2013.

I have looked at my friend's NEST benefit statements since 2014 and I have put the figures into a spreadsheet to calculate the fund return since then.  This is what I have

-2.9% (2014)

24.4% (2015)

0.7% (2016)

23.2% (2017)

-1.5% (2018)

6.4% (2019)

-15.5% (2020)

32.1% (2021)

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

I am a bit sceptical as to how these returns are so large for these years, so would like someone else to confirm that they have also received these returns themselves, or point me in the direction of the fund performance returns as it is not available on the NEST website.

Thanks.

The figures for the last five years are on the website: https://www.nestpensions.org.uk/schemeweb/nest/investing-your-pension/fund-choices/compare-fund-performance.html

Has your friend contacted NEST to ask for confirmation of the figures for 2014, 2015 and 2016?

thanks for the link.  that states the cummulative over the last 5 years and not each individual year?  or am I not getting to the correct section of the link?

the cummulative over the last 5 years, which would be to 2021 as the statement dates are in July, is 43.2%, and this compares with 45.4% on my calculations spreadsheet.  So a cumulative figure is not too way out but each individual one does sound incorrect as the last year's perfomance on the link is 9.3%, compares to 32.1% in his benefit statement.

He hasn't paid any attention to the statements and I have just looked at them for him today.  I thought I should ask here before getting him to call NEST.  The statements don't look right to me.

Was your friend a scheme member during this period making monthly contributions? 

yes, the statements are annual statements.  they state the fund value at the beginning of each scheme year, the ee and er contributions during the year, the charges and then the gain or loss on the fund over the year.  he has worked for the same employer since he joined NEST.

AskAsk

dunstonh said:

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

The figures don't look unreasonable or out of the ballpark for the years mentioned.  They don't appear to be calendar years but they are not far off.

really?  32% growth for the period 01.07.2020 - 01.07.2021 is a realistic figure?  sounds too much growth to me?

dunstonh

AskAsk said:

dunstonh said:

Anyone got their pension invested in this fund and can compare what they have received against the quoted figures above?  I am interested to know the return for the year 2014-15, 2016-17 and 2020-21, where the returns have been quite significant, at 24.4%, 23.2% and 32.1% respectively.

The figures don't look unreasonable or out of the ballpark for the years mentioned.  They don't appear to be calendar years but they are not far off.

really?  32% growth for the period 01.07.2020 - 01.07.2021 is a realistic figure?  sounds too much growth to me?

Now you have given the dates, then yes it is a realistic figure for that particular snapshot of time.  The sector average for IA global for that period was 26.67%.  Anything weighted with a bit more tech would have gone over 33%

Generally, if you pick a short term period just after a major stockmarket crash then it is normal to see that sort of figure.