Investment mix

topyam

More reading to be done to get a better understanding. Thanks!

As I'm wondering how to invest, it occurred to me that many ppl have pensions (eg from work) and they have no idea what these are invested in. I assume they're normally invested rather safely... 40/60 or 50/50? 

Albermarle

Was thinking of AJ Bell. They seem one of cheapest cost-wise, and I have a SIPP with them atm.
The 0.37% with L&G is their Annual Management Charge.
That seems high compared to others like AJB. 

With AJ Bell there is a platform charge and a charge for the investments ( same with Vanguard)

With some pensions there is just one charge. If the L&G one is one if them then 0.37% all in is pretty good.
If it is 0.37% + investment charge it is less good .

Albermarle

topyam said:

More reading to be done to get a better understanding. Thanks!

As I'm wondering how to invest, it occurred to me that many ppl have pensions (eg from work) and they have no idea what these are invested in. I assume they're normally invested rather safely... 40/60 or 50/50? 

With a workplace pension, if you do not make a choice, then the contributions go into a default fund.
Typically it would be 50:50 or 60/40.
Many default funds are 'lifestyled' which means they start off with higher % equity when you are younger, ( 75%?) and derisk as you get nearer retirement.
Something like 95% of people never change the fund, and I would guess that at least 75% do not know what a default fund is ( or care) and probably at least one third are unaware that their pension is invested at all.
The level of public knowledge in this area is abysmal. 

topyam

Albermarle said:

Was thinking of AJ Bell. They seem one of cheapest cost-wise, and I have a SIPP with them atm.
The 0.37% with L&G is their Annual Management Charge.
That seems high compared to others like AJB. 

With AJ Bell there is a platform charge and a charge for the investments ( same with Vanguard)

With some pensions there is just one charge. If the L&G one is one if them then 0.37% all in is pretty good.
If it is 0.37% + investment charge it is less good .

There in an investment charge as well.

Eyeful

topyam said:

More reading to be done to get a better understanding. Thanks!

As I'm wondering how to invest, it occurred to me that many ppl have pensions (eg from work) and they have no idea what these are invested in. I assume they're normally invested rather safely... 40/60 or 50/50? 

1. If you want more reading there is always this.
https://www.ii.co.uk/ii-accounts/sipp/sipp-investment-ideas/target-retirement-funds

2. I would not assume anything. Best thing to do is always check!

3. I think you will find 
The "standard" share/bond split for retirement portfolios is commonly the 60/40 allocation—60% of the portfolio in shares (stocks) and 40% in bonds. This ratio aims to balance the higher growth but riskier nature of stocks with the relative stability and income from bonds, making it a popular choice for retirees seeking moderate returns and risk.