Royal London Pension Performance - does this look bad

Gareth77

I had 3 pensions from previous employers. Rather than put them into the current employer I put them into a single royal london pension pot. I am not contributing to it as I put that in the employer one

Does this look bad or is it typical?

2022. Feb

£196,248.64

2023 Feb

£181,223.31

2024 Feb

£193,178.11

Doesn't feel great over 2 years.

Floyd_Pink

Totally depends on what you have it invested in and what its benchmarked against.

dunstonh

The last 5 years have not been typical.   5 events in 5 years which would more typically be spread a 1 in 8 years.

You don't give us any context but it does look typical for a lower risk spread.       2022 into mid 2023 was a horrible period for low risk investors.    End of 2023 was better.

Most low risk investors are still in loss position from their peak 2021 values.

Gareth77

OK Thank you.  Between this and my employer pension I have 390K in my pensions. I am 46 - is that good? or do I need more?

Qyburn

How have you got a valuation for February?

El_Torro

Gareth77 said:

OK Thank you.  Between this and my employer pension I have 390K in my pensions. I am 46 - is that good? or do I need more?

£390k in a pension at 46 is probably a much larger pension pot than the average British person has. Whether that's a good thing for you depends on when you plan to retire, how much more you will pay in between now and then, and also how much you plan to spend when you're retired.