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Lifesight Pension - any good?

OliverLacon · 2025-02-12 13:00:27

My DC pension pot is with WTW Lifesight. I've around £500K in there. I'm at the stage in life where I'm looking into moving into drawdown. I have protection for my tax free lump sum of 26.7% (from my previous employers scheme that was transferred in). I've seen very many bad reviews of Lifesight on the TrustAdvisor site -…

Comments

dunstonh Posts: 121,316 Forumite

28 April at 6:25PM

https://forums.moneysavingexpert.com/discussion/comment/81980467#Comment_81980467

That seems unlikely because IFAs can get figures in the 0.2x%-0.3x% ballpark and with an index tracker, you'd expect that to be better.
Are you sure it was an IFA that you saw, or was it an FA? That said, if the value is not very much, then it's a lot of faff for the IFA to do anything, and it's easier for them to say go with the workplace pension.

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.

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