L&G Global Equity 70:30 Index Fund value dropping
Discussion
Firstly I have to say that I am crap with how pensions work.
I had a stakeholder pension with the company I work for, originally managed by Invesco. The company stopped doing that stakeholder and started a new one up. Everyone who had the Invesco stakeholder had their pension moved to Legal and General, no further funds were put into them.
I've had my yearly statements and each one shows the pension fund value increase each year. Stopped having statements last year and had to register online. Did this last night and noticed the pension fund had dropped by 2k since December and a further £500 since I registered lastnight. Should I be doing something about this?
I'm charged a monthly management fee of £18 so expect L&G to be doing what is right for it. Am I panicking over nothing?
I had a stakeholder pension with the company I work for, originally managed by Invesco. The company stopped doing that stakeholder and started a new one up. Everyone who had the Invesco stakeholder had their pension moved to Legal and General, no further funds were put into them.
I've had my yearly statements and each one shows the pension fund value increase each year. Stopped having statements last year and had to register online. Did this last night and noticed the pension fund had dropped by 2k since December and a further £500 since I registered lastnight. Should I be doing something about this?
I'm charged a monthly management fee of £18 so expect L&G to be doing what is right for it. Am I panicking over nothing?
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