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Private Company Stakeholder Pension Query bloke91

Posted: Fri Mar 10, 2017 9:14 pm
by Terminator953
Hi



I have a stakeholder company pension, I pay 9% and employer pays 6%.



The investments are split across 10 funds across low, medium and high risk funds following advice from a financial advisor.



All of them are looking as though they have achieved between 40 and 40% growth during the last 5 years apart from one fund.



The cash series fund has been minus 5% for around 3 years. I have noticed that the pension provider has a newer version of the fund that is about minus 1%, can I contact them and move the later version of the fund? or should I just leave it as is?



Any advice would be appreciated.



Thanks in advance

Posted: Sat Mar 11, 2017 1:20 pm
by sewage
cash fund is used typically for people who are close to retirement and expecting to withdraw the money in one go (such as what happened with annuities). In some very low risk models, (i.e risk 1-3 on a 1-10 scale) you will often see cash as part of the model.






The cash series fund has been minus 5% for around 3 years. I have noticed that the pension provider has a newer version of the fund that is about minus 1%, can I contact them and move the later version of the fund? or should I just leave it as is?


Different series funds tend to be for different versions of their products. It would be unusual to have a product that has access to multiple series.



How does the cash fund fit with your model?