Very interesting!

[Kidcreole]

So I'm overdue a pension review which is booked with a new FA. I always worry that I get sold a pup as whatever suits the FA best is what gets recommended.

I'm not sure whether it's best to stay in any of the historic schemes/funds.

These are an old Aviva (Norwich Union) contracted out protected rights with profits scheme invested in Aviva Pacific Equity NU Pension Standard Series 01 (25%), Aviva With-profit NU Pension Standard Series 01 (63%), Aviva NU Pension Standard Series 01 (12%) but non of these funds appear on the Aviva website so it's difficult to see how they are doing.

I've also got a pot in Legal and General Global Eq FW 60:40 Idx (PMC) 3.

Any idea if these funds are a good bet going forwards or if I should move from Aviva or L&G altogether? I'm 45 so likely 20+ years off retirement yet.

[anonymous-user]

Not sure what you mean by the financial advisor doing what suits them best?

Do you appreciate that they're not paid commission by product providors?

Like any profession there are good, bad and indifferent advisors, however these days you pay fees for their work rather than them taking from whoever pays the best commissions.

[ellroy]

With Profits are generally pretty bloody awful in terms of long term returns, think cash return plus a little bit presently, Pru seem to buck the trend in this. Very opaque charges usually as well. So if you've got 20+ years I'd be revisiting the fund choice certainly.

You don't need to move pension to change funds to something else, nor do you need advice to do that, assuming you feel confidant to make a decision. Just need a list of available funds and let the provider know, usually.