With Profits pensions

Having a look at my Standard Life Pension today, I am considering what to do
with the "With Profits" part of this pension.

50% managed
15% special situations
35% with profits

The managed and spec sit funds do ok 13% and 16% growth last year
the with profits only achieved 1.8%

I was considering taking the funds out of the "with profits" and putting
them into the managed and spec sit funds. Unfortunately I will loose 18% of
its value if I change! Is it worth it???

Re: With Profits pensions

On Tue, 11 Jul 2006 14:58:37 +0100, "stuart" <> wrote:

>Having a look at my Standard Life Pension today, I am considering what to do
>with the "With Profits" part of this pension.
>
>50% managed
>15% special situations
>35% with profits
>
>The managed and spec sit funds do ok 13% and 16% growth last year

What did the FTSE All Share do ?

>the with profits only achieved 1.8%
>
>I was considering taking the funds out of the "with profits" and putting
>them into the managed and spec sit funds. Unfortunately I will loose 18% of
>its value if I change! Is it worth it???

That need checking - it's bloody high. How does it breakdown ?

What are the annual charges ?

Daytona

Re: With Profits pensions

"stuart" <> wrote in message
news:
> Having a look at my Standard Life Pension today, I am considering what to
> do
> with the "With Profits" part of this pension.
>
> 50% managed
> 15% special situations
> 35% with profits
>
> The managed and spec sit funds do ok 13% and 16% growth last year
> the with profits only achieved 1.8%
>
> I was considering taking the funds out of the "with profits" and putting
> them into the managed and spec sit funds. Unfortunately I will loose 18%
> of
> its value if I change! Is it worth it???
>

This 18% is probably a Market Value Adjuster and may disappear with time if
the markets stay recovered. Ask them in a month and see if there's a
difference.

As regards whether it's worth it, it partly depends on your age and whether
the 18% is likely to be made up over the time to your retirement (and who
can tell that other than by speculation?), and partly by your reaction to
the fact that you are probably increasing the risk level of your funds by
making the move.

Rob Graham