We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Poor pension fund performance
Options
Comments
-
briktopp said:2018 may have been good year but one of my pots was at its smallest anyway so by my maths i was least likely to notice growth there anyway...I should check the other bigger pot that ive had for 18 years to see if 2018 was better
You have been through a period of near-zero growth over 5 years with the bigger pot as well - 2007 to 2012.0 -
You have been through a period of near-zero growth over 5 years with the bigger pot as well - 2007 to 2012.And equities ended up lower after 10 years between 1st Jan 2000 and 31 dec 2009.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
briktopp said:
I mentioned 5 years of zero growth..to calculate this I roughly looked at how much my employer and I have contributed in total and compared it to the current value and i might as well have kept it under the bedI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
MallyGirl said:briktopp said:
I mentioned 5 years of zero growth..to calculate this I roughly looked at how much my employer and I have contributed in total and compared it to the current value and i might as well have kept it under the bed0 -
dunstonh said:
Too short again. Those contributions made in that period will go on to be the ones that make the most. i.e. units bought during downturns make more than units bought in growth periods.
Surely the chance of a price going to an even higher point is more likely from a nearly higher price than from a lower price?
0 -
Cus said:dunstonh said:
Too short again. Those contributions made in that period will go on to be the ones that make the most. i.e. units bought during downturns make more than units bought in growth periods.
Surely the chance of a price going to an even higher point is more likely from a nearly higher price than from a lower price?0 -
briktopp said:just wanted to say thankyou to everyone for contributing to this thread..it has contributed to my learning for sure.
Im comfortable with the idea of factoring in inflation when analysing performance.
My pension providers have both pointed towards my options of changing funds but obviously i dont want to make blind decisions hence part the reason i started this thread. I dont want to reply on a big rebound to fund a career change
I mentioned 5 years of zero growth..to calculate this I roughly looked at how much my employer and I have contributed in total and compared it to the current value and i might as well have kept it under the bed
2018 may have been good year but one of my pots was at its smallest anyway so by my maths i was least likely to notice growth there anyway...I should check the other bigger pot that ive had for 18 years to see if 2018 was betterAnd so we beat on, boats against the current, borne back ceaselessly into the past.0 -
Ok yes I understand why more detail is.necessary..one fund is legal and.general PMC workplace target date 2035-2040 fund 3...it's is invested in mixed assets
Opened in Oct 2018 it actually shows 2.38% growth as of today(so I lied about zero growth but hey still pants right)
But here's the odd thing when I research the fund online it shows cumulative 5 year growth of 13.8% growth???? I thought maybe charges account for massive difference but at 0.15% I don't think so
I've messaged legal and general for an explanation0 -
But here's the odd thing when I research the fund online it shows cumulative 5 year growth of 13.8% growth???? I thought maybe charges account for massive difference but at 0.15% I don't think soCumulative growth is based on your making a single contribution at that start date and the value of it at the end date. It is not going to be the same figure for regular contributions. For a lot of that period, the regular contributions would have bought units higher than the 2018 price and higher than than the 2023 price.
Plus, days difference matter. For example, 3 days ago, values were lower than they are today. We are lower than they were a month ago. So, unless you compare like for like on exactly the same days, you are going to get differences.(so I lied about zero growth but hey still pants right)Why is it pants? Its a negative period. its what happens in negative periods. its not actually pants unless you are drawing the money out now. It is actually a good thing if you are paying in monthly
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Blimey it's confusing0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards