FIRE

Thanks Protocol,
I may have asked the wrong question,
Do Fund Managers get snowed under in cases like we had when trump first announced tariffs,

Do pension advisors who manage pension pots be so snowed under they and fund managers cannot move every pension pot as fast as when markets are working normally,

once the tariffs were announced did pension advisers find it took longer than normal for fund managers to get pension pots out of cash and back into the market,

If the pension advisor Gets snowed under and the fund managers are also snowed under will it take longer for some pension pots to get moved

Joe sod
Europe not very stable, The Disunited States Of Europe could start a war they cannot win without the United States Of America if left to there own devices,

Protocol said:

would have thought two days max?

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My Mercer administered DB pension only seems to allow switches once a month, so it could potentially take 30 days....

bkenn14 said:

Do pension advisors who manage pension pots be so snowed under

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I have a vague recollection of there being something about only MIFID authorised advisors being allowed to make investment decisions on their clients' behalfs (could be totally misremembering this), so in most cases one would be better off contacting the pension administrator directly to cut out a step in getting a switch actioned.

Before the tariffs I switched my mercer funds that were heavily invested in North America tech into Emerging markets thinking they were more fairly priced. I guess that's 'sort of' timing the market. They've all gone down similarly though.

The switch took weeks not days

Fibbernacci
Were your fund invested in a pension do you think if they were held outside of a pension you would be able to move them around quickly,
I have a feeling it is a lot slower to move funds held within a pension or ARF in my case than other funds held outside of a pension,
If something is coming down the road that I thought would affect my ARF/ income into the future the only option I would take is ARF into Cash, and move it back into funds if what I expected happened as fast as I could after the event,

The thing I would like to understand is how long it take to transfer out and back into funds again if held within a ARF or pension,