Best performing pension in the uk right now?

QrizB

Andy_L said:

JohnWinder said:

Pensions themselves don't perform as such, it's the investments within them that count. 

Interested to know how the original question ought to have been phrased, just ‘the pension’ bit….

What are the best performing investments in the UK right now that can be held in a pension

That's impossible to say, unless you've been to the future in a modified Delorean and know how the markets will perform for the next year / decade.

Centrica shares are up 127% in the last 12 months. They can be held in a pension (I have some in my SSISA). I'd be reluctant to recommend switching all your pension into them, though, as they could lose it all in the next 12 months.

dunstonh

Hi, my pension is not performing at all well and I am paying more in fees than I am earning. 

As mentioned, pensions do not perform.  Your investments do.  A whole of market pension would have the best-performing investments. So, your answer would be any whole of market pension.   But you would have to pick, in advance, the best option out of the 30,000 odd options available.

Fees are probably lower than the charges you pay on a savings account.

 Is it possible to withdraw your whole pension pot and move it into a high interest savings account?

That wouldnt be a very good thing to do.    

Negative years occur around 1 in 5 years.   if you are paying in monthly, then negative years are great news for you.  Not bad news.   you dont change investments because of negative years.

Albermarle

OP - So in summary you should first find out how your pension is invested . This should be easy if you have on line access to the pension.

Also to put some of the previous posts in a simple context.

If you have Investment A in Pension B, and then the same Investment A in Pension C, you will get the same result.
If you change from Investment A to Investment D but still within Pension B, you will get a different result.

So you should be looking at the investments you have in your current pension as a first step. 

Marcon

Andy_L said:

JohnWinder said:

Pensions themselves don't perform as such, it's the investments within them that count. 

Interested to know how the original question ought to have been phrased, just ‘the pension’ bit….

What are the best performing investments in the UK right now that can be held in a pension

Impossible to answer in isolation, since 'best performing' depends on many things - eg if you're within a couple of years of wanting to access your benefits and you plan to buy an annuity, then protecting capital value is king, especially if you have a low risk appetite. On the other hand, if you're 35 and are very risk-tolerant, you'd be looking at very different funds as 'best performers'.