Standard Life Pension Funds

nelly77_2

Hi,

I have been in my employers Standard Life pension scheme for 8 years. It was set up with the following funds:

Pension Managed One Fund - 75%
Pension with Profits Fund
Pension Millennium with Profits Fund - 25%

I would like to know if it would be wothwhile changing any of these funds, (are they any good???). I have recently found that i have many others to choose from including external funds.

I am 30 years old now, have been in the scheme for 8 years and have a retirement goal of 55, (If its realsistic). I pay approx gross contributions of £400 / month and have always been opted out.

Thanks for any response,

dunstonh

I would like to know if it would be wothwhile changing any of these funds, (are they any good???).

If you had a competition to pick the three worst funds on the contract you would have won first prize i'm afraid.

Yes you can do better. A lot better. Standard Life group schemes dont tend to offer a great range (its not a bad number but they have a heavy overlap of funds in the same sectors) but you should find enough to suit you.

nelly77_2

Any suggestions?

Here are the funds available to me.

Aberdeen Balanced Fund
Aberdeen Corporate Bond Fund
Aberdeen Managed Portfolio Fund
Aberdeen Property Share Fund
BGI >15yr Gilt Index Fund
BGI >5yr Gilt Index Fund
BGI Ascent Life European Equity Fund
BGI Ascent Life US Equity Fund
BGI Consensus Index Fund
BGI European Equity Index Fund
BGI Global Equity 50:50 Index Fund
BGI Japanese Equity Fund
BGI Pacific Rim Equity Index Fund
BGI UK Equity Index Fund
BGI US Equity Index Fund
BGI World Ex UK Index Fund
Baillie Gifford Managed Pension Fund
Baillie Gifford UK Equity Pension Fund
Baillie Gifford Worldwide Equity Fund
Credit Suisse CS MM Cautious Managed Fund
Credit Suisse CS MM Constellation Fund
Credit Suisse CS Monthly Income Fund
Fidelity European Fund
Fidelity Global Special Situations Fund
Fidelity Multimanager Growth Fund
Fidelity Multimanager Income Fund
Fidelity South East Asia Fund
Fidelity WealthBuilder Fund
Gartmore Cautious Managed Fund
Gartmore Corporate Bond Fund
Gartmore European Selected Opportunities Fund
HSBC Life Amanah Pension Fund
Insight Wealth Builder Balanced Fund
Insight Wealth Builder Growth Fund
Invesco Perpetual Corporate Bond Fund
Invesco Perpetual High Income Fund
Investec Cautious Managed Fund
Investec Sterling Bond Fund
Investec UK Blue Chip Fund
JO Hambro UK Equity Income Fund
JP Morgan Life Global Equity Fund
JP Morgan Life Moderate Fund
Jupiter Corporate Bond
Jupiter Distribution Fund
Jupiter Income Trust
Jupiter Merlin Balanced Fund
Jupiter Merlin Growth Fund
Jupiter Merlin Income Fund
Jupiter Merlin Worldwide Fund
Jupiter Undervalued Assets Fund
Liontrust Distribution Fund
Liontrust First Income Fund
Liontrust First Large Cap. Fund
M&G Corporate Bond Fund
M&G Global Basics Fund
M&G Property Portfolio Fund
M&G Recovery Fund
Merrill Lynch UK Dynamic Fund
Merrill Lynch UK Income Fund
Merrill Lynch UK Special Situations Fund
Morley Property Fund
New Star European Growth Fund
New Star Managed Distribution Fund
New Star Property Fund
New Star Sterling Bond Fund
New Star Tri-Star Fund
New Star UK Growth Fund
Newton 60/40 Global Equity Fund
Newton Global Balanced Fund
Newton Income Fund
Newton International Growth Fund
Newton Managed Fund
Newton Phoenix Fund
Old Mutual Corp Bond Acc Fund
Old Mutual UK Select Mid Cap Fund
Pension Balanced Manager of Managers Fund
Pension Cautious Managed One Fund
Pension Cautious Manager of Managers Fund
Pension Corp UK Select One Fund
Pension Corporate Bond One Fund
Pension Ethical One Fund
Pension European Equity Tracker One Fund
Pension European One Fund
Pension FTSE* Tracker One Fund
Pension Far East One Fund
Pension Fixed Interest One Fund
Pension Global Equity 50:50 One Fund
Pension Global Equity 50:50 Tracker One Fund
Pension Global Equity Manager of Managers Fund
Pension Index Linked One Fund
Pension International One Fund
Pension Japanese One Fund
Pension Managed One Fund
Pension Millennium With Profits Fund
Pension North American One Fund
Pension Overseas Manager of Managers Fund
Pension Overseas One Fund
Pension Overseas Tracker One Fund
Pension Pacific Basin One Fund
Pension Property One Fund
Pension Protection One Fund
Pension Sterling One Fund
Pension Stock Exchange One Fund
Pension UK Equity Manager of Managers Fund
Pension UK Equity One Fund
Pension UK Opportunities One Fund
Pension US Equity Tracker One Fund
Pension With Profits One Fund
Rathbone Income & Growth Fund
Rathbone Income Fund
Rathbone Special Situations Fund
ResoAsset Argonaut European Alpha Fund
ResoAsset Corporate Bond Fund
ResoAsset UK Property Fund
SL Pension Global Equity Select 60:40 Fund
Schroder Global Emerging Market Fund
Schroder Tokyo Fund
Schroder UK Mid 250 Fund
Standard Life Investments Dynamic Distribution Fd
Standard Life Investments Global Selector Fund
Standard Life Investments Higher Income Fund
Standard Life Investments Select Property Fund
Standard Life Investments UK Equity High Income Fd
Standard Life Investments UK Smaller Companies
Standard Life Pension Long Corporate Bond Fund
Threadneedle American Select Fund
Threadneedle European Fund
UBS Global Optimal Fund
UBS Life Global Equity Fund
UBS Life Managed Fund


Thanks

Di-Dough

can't really help on this but just wanted to say that I too have a Standard Life Pension which is 50% with profits and 50% managed and would be interested to know what answers you get back

Di

Retired_I.F.A.

Anyone got a pin?

nelly77_2

How about these to replace my existing funds.

Invesco Perpetual High Income Fund - 75%
For low risk long term equity. Neil Woodford AAA.

Schroder Global Emerging Market Fund - 25%
For high risk long term equity. Sector tipped to do well in future.

Dithering_Dad

You need to do research on all of the funds that are provided by Standard Life. Try googling each one and read up on them. I doubt anyone here will do that for you. Alternatively you could see an IFA and pay him/her to research the available funds and make a recommendation.

EdInvestor

You can check the funds´ performance and ratings here:

www.citywire.co.uk/Funds/Home.aspx

nelly77_2

Ok guys thanks for your comments.

After endless research i chose a mix of UK and European equities, and also a risky 25% chunk in Global emerging markets which gives exposure to BRIC. The charges are a little higher than i was paying Standard Life but hopefully it will be worth it.

I also bought an ISA with JPM Natural Resources to let run along side my pension funds.

I am now much more aware of how important it is to regulary review my investments.

Thanks again.

lives1_2

The best way to invest for the longer term is to have a basket of investments covering a spectrum of different asset classes such as equities and Fixed Interest and Property and also this should be geographically diverse. Perhaps you might want to consider adding some Commercial Property (International property from New Star might be more preferential than a UK based property fund if available at the moment due to the revaluation of UK property funds of this nature) also having some corporate bond/gilt funds in there can help to reduce the overall risk within the portfolio.

By the way this does not constitue advice and is just my opinion.

cagey76

I have been helped on here before with ISA questions (and a question about a mates new pension), but now find myself in the same boat as those on this thread. I have a new employer pension scheme in the form of a Standard Life Group Personal Pension.

It appears as though I have two routes, Readymade v SelfSelect. I have taken a look at the readymade funds and none really take my fancy.

If I went selfselect I am prepared to spend the time and do the reasearch, in fact I do plenty of this on an ongoing basis for my new s&s ISA's. ( I think I have the use of a employer related IFA ), so am thinking I'll set up what I think, then see if they agree. I'll probably use the standard life 'opportunity' and 'balanced' asset class allocation suggestions to form my selections.

Reasonable Approach ?