Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • flopsy1973
    • By flopsy1973 30th Apr 18, 2:53 PM
    • 227Posts
    • 18Thanks
    flopsy1973
    Pension fund value
    • #1
    • 30th Apr 18, 2:53 PM
    Pension fund value 30th Apr 18 at 2:53 PM
    Hi
    Please see the below info regarding my work pension scheme which I have been in the last 16 years. I had my latest statement recently but the value has not really risen that much. Am I in the wrong funds this performance is shocking. any feedback would be helpful




    Fund value Mar 1773,006





    Fund Value Mar 18


    SL Schroder recoverypension fund14,304


    Standard life property pension fund 8,117


    SL Fidelity asia pension fund 20,801


    SL Invesco Perpetual high income pension fund 15,457


    SL SLI global absolute return strategies pension 6,368


    SL M and G global basics pension fund 15,665


    Total80,713


    Total payments in last 12 months 5,120

Page 2
    • Thrugelmir
    • By Thrugelmir 18th Jun 18, 6:47 PM
    • 60,302 Posts
    • 53,634 Thanks
    Thrugelmir
    I was meaning exchange rate fluctuations adding an additional volatility to international income. (Although I guess the big UK divi payers are affe ted by this anyway....)
    Originally posted by bearshare
    Some of the big UK dividend payers declare in $ or . If exchange rates were to recover then going to hit income hard. At least the capital value won't be hit as hard as outright ownership of overseas stocks though.

    QE was great on the way in. The consequences of an exit suggest far more volatlity and a more normal market. These calm waters are somewhat unnerving.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • flopsy1973
    • By flopsy1973 11th Oct 18, 2:45 PM
    • 227 Posts
    • 18 Thanks
    flopsy1973
    The performance of the portfolio overall is not shocking; earlier replies explain why this is so. However, your portfolio looks odd/unbalanced as others have suggested. You also have one fund that are not performing well over any timeframe, e.g. SL SLI Global Absolute Return Strategies. I would suggest you switch out of that fund asap.

    The issues with the portfolio (as I see it are):

    - Why the Schroder Recovery fund, and not a broader UK Equity fund?
    - Why is there no specific exposure to the US or European Markets (when there is to Asia)? The Global Funds cover this off to a small degree, but many would want to see these key markets better represented in a balanced portfolio. (If you have excluded them by design then this is fine)
    - Why is one of the Global Funds focus on "basics", when a broader focus might offer more potential for growth?

    I don't see an issue with the High Income fund as this is basically a "Dividend Stars" fund with minimal fixed interest income and I think there is a place in a balanced portfolio for such a fund.

    It would be interesting to understand who designed on this portfolio, and the historic split of the contributions into each fund. If you are the designer, then this is a great opportunity to review the performance of the portfolio and each fund, and decide if your strategy is working, or whether you need to do more research to tweak the portfolio.
    Originally posted by tacpot12

    When i increased my payments to the maximum a few years back i wanted a higher risk of funds. The financial adviser our company used at the time came up with this range of funds for me. As its a company pension with SL i am restricted to their funds. I am willing to take a medium to high risk strategy with these funds, so which funds do i need to switch in/out off so i can take a look and make my own choices
    many thanks
    • Sea Shell
    • By Sea Shell 11th Oct 18, 3:03 PM
    • 987 Posts
    • 1,575 Thanks
    Sea Shell
    Probably not a good idea to check your pots values today !!!
    " That pound I saved yesterday, is a pound I don't have to earn tomorrow "
    • cfw1994
    • By cfw1994 11th Oct 18, 7:48 PM
    • 196 Posts
    • 82 Thanks
    cfw1994
    Probably not a good idea to check your pots values today !!!
    Originally posted by Sea Shell
    Bah! If only I read that earlier
    Earlier today I thought I would check on mine (versus my quarterly check only 7 days earlier)

    Overall 2.77% down

    It's a marathon, not a sprint. & I was cheered by the fact that I recently shifted 20% away from a world tracker element, putting 10% each into a Corp Bond & Gilt Index option.....& they were the lowest drops, at 1.84% & 2.66% respectively.
    I *suspect* the mauling isn't over, but who really knows....I'll leave out looking for a bit!!
    • dunstonh
    • By dunstonh 11th Oct 18, 7:57 PM
    • 95,424 Posts
    • 63,079 Thanks
    dunstonh
    I *suspect* the mauling isn't over, but who really knows....I'll leave out looking for a bit!!
    Mauling? This recent drop is little more than a regular tickle.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • flopsy1973
    • By flopsy1973 12th Oct 18, 4:29 PM
    • 227 Posts
    • 18 Thanks
    flopsy1973
    any suggestions on the funds i need to look at and switch
    • Thrugelmir
    • By Thrugelmir 12th Oct 18, 5:43 PM
    • 60,302 Posts
    • 53,634 Thanks
    Thrugelmir
    any suggestions on the funds i need to look at and switch
    Originally posted by flopsy1973
    Has the reasoning behind why you bought the funds originally changed?

    Far too easy to chase shadows.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • westv
    • By westv 12th Oct 18, 6:00 PM
    • 4,625 Posts
    • 2,225 Thanks
    westv
    Down about 4.5% at most recent update. Oh yesss!! I love that volatility, baby!
    • ffacoffipawb
    • By ffacoffipawb 12th Oct 18, 9:36 PM
    • 2,516 Posts
    • 1,676 Thanks
    ffacoffipawb
    Down about 4.5% at most recent update. Oh yesss!! I love that volatility, baby!
    Originally posted by westv
    Down 7% for me, down 8% on the year split as: -11% on capital and 3% dividends.

    Will start cashing in 25% of my SIPP to crystallise 25% next summer when I am 55.

    Going on a new car, new kitchen, new bathroom and 2 S&S ISA subs. A few quid left over will be reinvested in Premium Bonds as a short term deposit as I will be retiring between next summer and the end of 2020 and my defined benefit pensions (not massive - about the same as a full time minimum wage job) kick in in 2024 (age 60).

    Rest of the pension will stay invested until I do retire then will use drawdown which with the DB on top (and the drawdown similarly reduced to compensate) should hopefully be OK.

    All this assumes Corbyn is not going to be PM. In that instance, all bets are off for everybody.
    • flopsy1973
    • By flopsy1973 15th Oct 18, 8:10 PM
    • 227 Posts
    • 18 Thanks
    flopsy1973
    Has the reasoning behind why you bought the funds originally changed?

    Far too easy to chase shadows.
    Originally posted by Thrugelmir
    They were mostly chosen by financial adviser, but my strategy has not changed just need to review
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,957Posts Today

6,365Users online

Martin's Twitter