Pension fund Q
On 12 June, 18:53, "Tom E" wrote:
With 9 years to go before 65, would it now be the right time to dabble and
move some funds, those with no penalty, into a more risky but higher return
market ie Blackrock Gold or AEGON Ethical Equity B.
I gather the norm is to do the opposite! Most pensions get moved into
a low risk areas when you become 60. That's what automatically
happened with all of mine.
The argument is that you don't want it to suddenly fall a long way
just before you reach 65. Your pension pot has done its earning
already, now lets make it safe.
BobC
|