Quote:
Originally Posted by Cherie
Have a few small pension pots from my early working life, only able to check one and it has gone up, not by much but it is up ....Standard Life Rules
|
I have a friend at Standard Life, he'll only talk about it in very vague terms but I suppose they probably have rules around that sort of thing. He did say, "Well. The money's always somewhere". Cryptic...
Gone up since when, though? Year-on-year lots of things are still up (way up) but in the last month the boards are all red, it's dire. Ultimately for pensions it might matter or it might not - if you still have 10+ years until retirement all that matters is annual %age gain... if you're one or two years off retirement, a 10%+ market crash could cost tens of thousands or even into 6-figures depending on the size of the pension.