Help investing money stuck in a pension?

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  • Spiritguide21
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    Thanks everyone, looks like the overall consensus is to leave it in one of the two pensions and actively manage the funds better. I don’t have any experience doing this so I think it’s time for a bit of research in to the different options, starting with a global equity fund.
  • MaxiRobriguez
    MaxiRobriguez Posts: 1,780 Forumite
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    The £35k should be considered as part of your overall portfolio which you care about not a separate slush fund or gambling pot.

    Depending what % that £35k represents as part of the total may determine what you do with it. For example, if it's 50%, you'd probably want to split it out between US, Europe and emerging market funds. If it's 10%, maybe it could all go in emerging markets. If it's 1%, then maybe a nano-cap fund.

    But you shouldn't just write it off as fun money. You could potentially get that £35k to £100k+ within your investment horizon which'd may give you an extra five years to live off free money.
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