Pension fund Q

Might be, might not. Depends on whether they go up.

As ever.

I'm not sure how you expect to get a reasonable answer to this one. What is your attitude to risk? Can you accept it, knowing that whatever the risk values may well go down. Have you looked at the performance of funds over a

9 year time scale? I have to say, however, that things do seem to be looking up at the moment, so maybe it's a good time.

Rob Graham

I gather the norm is to do the opposite! Most pensions get moved into a low risk areas when you become 60. That's what automatically happened with all of mine. The argument is that you don't want it to suddenly fall a long way just before you reach 65. Your pension pot has done its earning already, now lets make it safe.

BobC

My view entirely.... once most of the money is done its earning thats the time to make it safe not take risks with it. Risk taking at the early stages of investment would have been a good idea but your too far towards the end now.

A different type of pension fund admittedly but the old british steel final salary scheme spilts its £9.7bn investment into 2 halves.... one half in steady eddy bonds (but due to some wise decision taken in the 2007/2008 turmoil ended up with really decent rates (ie treasury bonds at 8%/annum), and the second half (called the discretionary fund) to be invested in riskier investments where in the longer term it was seen that was where the growth was.

I am 4 years off 60 so is it worth the gamble with approx 1/3 of my funds (90K)...

Depends. If that's your only pension (other than state pension), and you're not entitled to a full state pension, and you're renting of will still have a mortgage, then you could end up more in benefits (pension credit, housing benefit etc) if your pension is lower, so it could be almost a no-lose gamble!

Have a look at