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Will recent "events" cause a rethink of DC pensions?
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badmemory said:I am sitting with fingers crossed as my sons DC pension took a 10% hit between 4th & 8th April.I am an Independent Financial Adviser (IFA). Any posts on here are for information and discussion purposes only and should not be seen as financial advice.0
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SpeedSouth said:
I'll leave it in 100% equities for now.1 -
wjr4 said:badmemory said:I am sitting with fingers crossed as my sons DC pension took a 10% hit between 4th & 8th April.
He is mid 40s & lives with me & it was me who put the last bit of money in. I am trying to make sure he will be alright once I pop my clogs & his meds make him a bit oh alright never mindish. I want him to have enough in there so that if what happened to mine happens to his it will not be a serious problem.2 -
A lot of flip flopping going on. I said it was exciting.0
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Cobbler_tone said:A lot of flip flopping going on. I said it was exciting.5
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Cobbler_tone said:A lot of flip flopping going on. I said it was exciting.1
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GenX0212 said:Cobbler_tone said:A lot of flip flopping going on. I said it was exciting.
Needs to devote his attention to China who already seem to have a well prepared financial gameplan.3 -
It really should be viewed as a valuable lesson to everyone who decided to manage their own portfolio,
I must have seen dozens of posts on different fora from people shocked/ panicked by the events, who are retiring imminently and had no idea they should have derisked / had a plan / had a more balanced portfolio.
It didn’t seem to occur to any of them that they would have to sell investments and hold cash in order to be able to draw an income.Do they think it all happens by magic?4 -
Hoenir said:GenX0212 said:Cobbler_tone said:A lot of flip flopping going on. I said it was exciting.
Needs to devote his attention to China who already seem to have a well prepared financial gameplan.1 -
Cobbler_tone said:Hoenir said:GenX0212 said:Cobbler_tone said:A lot of flip flopping going on. I said it was exciting.
Needs to devote his attention to China who already seem to have a well prepared financial gameplan.0
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