"Tom E" wrote in message
...

"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


I am 4 years off 60 so is it worth the gamble with approx 1/3 of my funds
(£90K)...

Depends. If that's your only pension (other than state pension), and you're not
entitled to a full state pension, and you're renting of will still have a
mortgage, then you could end up more in benefits (pension credit, housing
benefit etc) if your pension is lower, so it could be almost a no-lose gamble!

Have a look at http://www.thepensionservice.gov.uk/

--
Andy