Having a look at my Standard Life Pension today, I am considering what to do with the "With Profits" part of this pension.
The managed and spec sit funds do ok 13% and 16% growth last year the with profits only achieved 1.8%
I was considering taking the funds out of the "with profits" and putting them into the managed and spec sit funds. Unfortunately I will loose 18% of its value if I change! Is it worth it???
What did the FTSE All Share do ?
That need checking - it's bloody high. How does it breakdown ?
What are the annual charges ?
Daytona
This 18% is probably a Market Value Adjuster and may disappear with time if the markets stay recovered. Ask them in a month and see if there's a difference.
As regards whether it's worth it, it partly depends on your age and whether the 18% is likely to be made up over the time to your retirement (and who can tell that other than by speculation?), and partly by your reaction to the fact that you are probably increasing the risk level of your funds by making the move.
Rob Graham
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