Pension Investment review

Spivo46

I am looking to slightly de-risk my current investment strategy (nothing to do with trying to time the market) and i am learning that it will take 2 days to process from making the online switch of portfolios within Royal London. This is standard practice for Royal London. Is this standard across other pension companies? I am uncomfortable with what may happen within the 2 days.

Steve_666_

Not sure whether this is relevent, but OEICs process transactions once per day at noon, so a transaction to something like Royal London Sterl Extra Yld Bd A Acc | BD0NCB4 Fund Price, Performance & Information - interactive investor (ii.co.uk) issued on a Friday afternoon, wont take place until the following Monday noon and the money might take a while to appear. Wherther they can sell fund A and buy fund B with the proceeds at the same "noon" or require a day between, I'm not sure.

dunstonh

I am looking to slightly de-risk my current investment strategy (nothing to do with trying to time the market) and i am learning that it will take 2 days to process from making the online switch of portfolios within Royal London. 

Life & Pension funds price one day behind OEICs/UTs. You still get the correct trading prices/dealing points and you don't lose out (or gain).

Albermarle

Spivo46 said:

I am looking to slightly de-risk my current investment strategy (nothing to do with trying to time the market) and i am learning that it will take 2 days to process from making the online switch of portfolios within Royal London. This is standard practice for Royal London. Is this standard across other pension companies? I am uncomfortable with what may happen within the 2 days.

If you are investing long term, two days is neither here nor there.
Two days is quicker than some.

Bostonerimus1

Being uncomfortable with short term volatility is a "market timing" indicator. Do your asset allocation adjustments and stop worrying.

Spivo46

Bostonerimus1 said:

Being uncomfortable with short term volatility is a "market timing" indicator. Do your asset allocation adjustments and stop worrying.

Appreciated, Thank you but the timing of my actions are based on moving over to regular drawdown of funds from my pension during retirement. I am currently in the governed portfolio 4 which has a 70% allocation in equities. The plan going forward is to reduce the equity allocation to 50% in their GRIP 5 portfolio.