Which fund to choose for pension

[coolaboola12]

Hi All

I am 43 and finding it difficult to decide on which fund i should use for my pension. Currently its in a passive equity fund that tracks the global index but if i select "lifestyle strategy" then it moves the money into a moderate growth fund

What is seen as the most optimum at my age ? I am maxing out my contributions so quite a lot is going in each month

 

[ClubMan]

At 43 you could have up to 20 years to retirement and another few decades after that with the bulk of your pension pot rolled into an ARF - so there's a strong argument for forgetting about "lifestyling" FUD/gobbledygook and sticking with a high/all equity content fund. Others, especially pension sales people, may disagree. You also need to ensure that the charges are competitive.

 

[coolaboola12]

At 43 you could have up to 20 years to retirement and another few decades after that with the bulk of your pension pot rolled into an ARF - so there's a strong argument for forgetting about "lifestyling" FUD/gobbledygook and sticking with a high/all equity content fund. Others, especially pension sales people, may disagree. You also need to ensure that the charges are competitive.

its a company pension so dont have any control over the charges

 

[nest egg]

its a company pension so dont have any control over the charges

You do have a choice of funds though, which gives some control. The moderate growth one the OP mentions I bet has a higher TER than their global index fund.

@coolaboola12 in my case, the TERs of the funds in the lifestyle strategy were higher, with lower returns, so I kept mine in a passive global index.

 

[Oisin19]

keep going with 100% equities. At your age you should prioritize contributions

 

[AJAM]

Agree, 100% in a passive equity fund that tracks the global index is the best option for most people with >10 years to retirement.