"BobC" wrote in message
...
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

My view entirely.... once most of the money is done its earning thats the
time to make it safe not take risks with it.
Risk taking at the early stages of investment would have been a good idea
but your too far towards the end now.

A different type of pension fund admittedly but the old british steel final
salary scheme spilts its £9.7bn investment into 2 halves.... one half in
steady eddy bonds (but due to some wise decision taken in the 2007/2008
turmoil ended up with really decent rates (ie treasury bonds at 8%/annum),
and the second half (called the discretionary fund) to be invested in
riskier investments where in the longer term it was seen that was where the
growth was.