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LGPS AVC - Taking 100% cash

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Comments

  • Maria2512
    Maria2512 Posts: 97 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Thanks @Saucer
    It was bad timing on my behalf but life goes on. I will see the damage when Pru update their website. I will then explore my options. As I am now 100% in the cash fund can I still move my investment around? IE Put a small % in a higher risk fund? Does the cash fund make any gains? 
  • saucer
    saucer Posts: 514 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 6 August 2024 at 10:41AM
    I’d be a bit surprised if they processed it all so quickly. When we have changed funds in the Pru it has taken days. To answer your question about the Pru Cash fund should more or less move with interest rates; all this info is avail on your account  page on that Pru website. 
  • My Pru AVC had been 100% equities until the end of June, moved it all to S3 Cash. Not any great insight about stocks, just that with planning to take it next April I wanted to know exactly what I'd get.
    :beer::beer::beer:
  • saucer
    saucer Posts: 514 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Good timing
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