Transfer into SIPP or stay?

qbazdz

QrizB said:

qbazdz said:

... its not performing badly. Over recent years 20%/annum on average and since she left to become self employeed its 100% up.

So you're only looking at the last 4-5 years?

What's the name of the fund(s) she's invested in?

qbazdz said:

I'd likely mirror my workplace pension setup which gives approx 23% annualy.

And the name of your fund(s)?

Well, as it turns out - she can still continue contributing, so a new DD is on its way.

Her fund is called L&G PMC 2050 - 2055 Target Date Fund 3
Factsheet here https://widgets-lgim.huguenots.co.uk/srp/documents-id/ee5d3b5d-8a11-4ddf-9b95-f53c261590a6/Fact-Sheet_Workplace-Pathway-Funds-Journey-Plan-2-LG-PMC-2050-2055-Target-Date-Fund-3.pdf

My pension is now in LifeSight (Towers Watson) and I've got the pot in LifeSight Equity Fund.
https://literature-lgim.huguenots.co.uk/srp/documents-id/28956d63-ccd2-43d6-8f83-16b2b7d3bb74/FactSheet.pdf

QrizB

qbazdz said:

QrizB said:

qbazdz said:

... its not performing badly. Over recent years 20%/annum on average and since she left to become self employeed its 100% up.

So you're only looking at the last 4-5 years?

What's the name of the fund(s) she's invested in?

Well, as it turns out - she can still continue contributing, so a new DD is on its way.
Her fund is called L&G PMC 2050 - 2055 Target Date Fund 3
Factsheet here https://widgets-lgim.huguenots.co.uk/srp/documents-id/ee5d3b5d-8a11-4ddf-9b95-f53c261590a6/Fact-Sheet_Workplace-Pathway-Funds-Journey-Plan-2-LG-PMC-2050-2055-Target-Date-Fund-3.pdf

Thanks for the fund info.

The factsheet shows the fund to be up a total of 40% over the past 5 years, which is ~7.2% per year not 20%:

qbazdz said:

QrizB said:

qbazdz said:

I'd likely mirror my workplace pension setup which gives approx 23% annualy.

And the name of your fund(s)?

My pension is now in LifeSight (Towers Watson) and I've got the pot in LifeSight Equity Fund.
https://literature-lgim.huguenots.co.uk/srp/documents-id/28956d63-ccd2-43d6-8f83-16b2b7d3bb74/FactSheet.pdf

Your factsheet shows the fund is up ~13% per year for the past 5 years, not 23%:

Your wie's fund has a lower % of equities than yous, which will go some way towards exlaining the lower growth. But it will probably drop less when the next correction comes along.