The tax relief on your pension is very appealing. Many customers however, are locked in large, clumpy, poorly managed pension funds that are not really managed at all. Instead they have a buy and hold approach. This is largely to do with their size, and ability to manoeuvre in difficult circumstances.
Their underperformance against a basic index is obvious:
Many advisers simply use managed investment funds, which are unfortunately pseudo-tracker funds. Tracker funds follow the index and are cheap. Most managed funds follow the index and are expensive. Even in a period such as below when their fixed interest element of their fund should have given considerable out performance they turned out to be nothing more than pseudo trackers.
Their underperformance against a basic index is obvious:
Many advisers simply use managed investment funds, which are unfortunately pseudo-tracker funds. Tracker funds follow the index and are cheap. Most managed funds follow the index and are expensive. Even in a period such as below when their fixed interest element of their fund should have given considerable out performance they turned out to be nothing more than pseudo trackers.
All managed funds spread their investments across a wide range of geographical areas and asset classes. This is good but unfortunately they don’t hold expertise in all sectors. It is better to use the best manager in each sector i.e. the best UK manager with one company and so on for fixed interest, Europe etc.
You may also like to view our section on: 'Investment Performance'
Feel free to contact us by calling 0800 0112825 or by completing and sending the enquiry form.
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