2013 - how has your pension performed?
Discussion
And if you don't know.... CHECK!;)
An increase thanks to global funds and emerging markets, helped by property with the remainder in a steady reserve fund (which dropped into neg growth for Q2&3
)
However the net result it a 35% increase in fund value over the year, I'm happy, to say the least!
An increase thanks to global funds and emerging markets, helped by property with the remainder in a steady reserve fund (which dropped into neg growth for Q2&3
)However the net result it a 35% increase in fund value over the year, I'm happy, to say the least!
Overall 2013 has seen a 29% growth. If I remove my own payments its growth is 18% and if I remove my companies payments aswell its 5%. Better than interest rates but still not brilliant. Ill get my yearly report at the start of the financial year which will confirm whether I've completely messed up my figures!
Bandit said:
My SIPP is up about 15% over the year
My Friends Provident pension up about 8%
My Aegon pension is a piece of crap and up only about 1%
My Scotish Widows pension is up about 5%
Some great returns from the folks above me on the thread.
What did you choose to invest your SIPP into?My Friends Provident pension up about 8%
My Aegon pension is a piece of crap and up only about 1%
My Scotish Widows pension is up about 5%
Some great returns from the folks above me on the thread.
What did you choose to invest your Friends Provident pension into?
What did you choose to invest your Aegon pension into?
What did you choose to invest your Scottish Widows pension into?
??
k all to start with If you're in a SIPP, is it an expensive one? An expensive charging structure, inappropriate and costly funds, an overly sexy website, functionality that you don't need and will probably never use.. they will all conspire to reduce or dilute what lands in your account.
Your funds, or funds similar to it, may have netted you more if they didn't have the drag reducing your yield and creating a hurdle (think treading water with weights around your ankles). It sounds a bit self absorbed, but I was asked earlier for comment on this;
http://www.moneymarketing.co.uk/news-and-analysis/...
I salute H-L for what it has achieved, I think it is a success story we should be proud of - but it's successful because it is profitable, and it is profitable for a reason. These days, the reality is there are cheaper and more effective ways to save for retirement than a) a SIPP, and especially b) an expensive SIPP.
Odited for spilling
Your funds, or funds similar to it, may have netted you more if they didn't have the drag reducing your yield and creating a hurdle (think treading water with weights around your ankles). It sounds a bit self absorbed, but I was asked earlier for comment on this;
http://www.moneymarketing.co.uk/news-and-analysis/...
I salute H-L for what it has achieved, I think it is a success story we should be proud of - but it's successful because it is profitable, and it is profitable for a reason. These days, the reality is there are cheaper and more effective ways to save for retirement than a) a SIPP, and especially b) an expensive SIPP.
Odited for spilling
Edited by Ginge R on Friday 21st February 13:32
Ginge R said:
If you're in a SIPP, is it an expensive one? An expensive charging structure, inappropriate and costly funds, an overly sexy website, functionality that you don't need and will probably never use.. they will all conspire to reduce or dilute what lands in your account.
Your funds, or funds similar to it, may have netted you more if they didn't have the drag reducing your yield and creating a hurdle (think treading water with weights around your ankles). It sounds a bit self absorbed, but I was asked earlier for comment on this;
http://www.moneymarketing.co.uk/news-and-analysis/...
I salute H-L for what it has achieved, I think it is a success story we should be proud of - but it's successful because it is profitable, and it is profitable for a reason. These days, the reality is there are cheaper and more effective ways to save for retirement than a) a SIPP, and especially b) an expensive SIPP.
Odited for spilling
The SIPP provider I use is not the cheapest but it's not all about cost.....the flexibility of buying any listed shares or bonds in any major market is worth it when most providers have a preferred list which is relatively restrictive. Your funds, or funds similar to it, may have netted you more if they didn't have the drag reducing your yield and creating a hurdle (think treading water with weights around your ankles). It sounds a bit self absorbed, but I was asked earlier for comment on this;
http://www.moneymarketing.co.uk/news-and-analysis/...
I salute H-L for what it has achieved, I think it is a success story we should be proud of - but it's successful because it is profitable, and it is profitable for a reason. These days, the reality is there are cheaper and more effective ways to save for retirement than a) a SIPP, and especially b) an expensive SIPP.
Odited for spilling
Edited by Ginge R on Friday 21st February 13:32
Gassing Station | Finance | Top of Page | What's New | My Stuff