Yes. I only got mine a few days ago.
I wont be using it though because my SIPP was one of the last to carry the protected access age of 55.
Just opened an account with AJ Bell and looking into their funds.
The factsheets look fairly decent tbh now looking deeper.
What fund/plan are you on? Or are you just buying into ETF’s?
The adventurous fund looks like a good option, very diversified more than pensionbee as far as I can see.
Thanks
I’m mainly in investment trusts, gold, and a range of, mostly, US shares. If you’re on T212 my Global Growth pie is a replica in miniature of my SIPP portfolio.
Can’t go wrong with Fidelity Index World at only 0.12% fee if you’re looking for a well diversified tracker.
You can go wrong with that. It’s averaging about 15% a year. My lowest risk portfolio on T212 is averaging 25% a year and my pension is averaging even more.
Can you share your portfolio?
That’s a smashing return. I assume you’re taking on more risk to hit that level?
It’s very much the lowest risk one. Annual growth 26%, beta 0.86, Sharpe 1.86. So lower risk than that Fidelity fund as I assume it would have a beta of 1 as it tracks the whole market.
EQQQ Invesco EQQQ Nasdaq-100 (Dist) 35%
SPXP Invesco S&P 500 (Acc) 20%
RMAP Royal Mint Responsibly Sourced Physical Gold 17%
SWDA iShares Core MSCI World (Acc) 13%
DFNG VanEck Defense 10%
GDGB VanEck Gold Miners (Acc) 5%
Global ETF for Growth (the T212 pie name)
There’s about 1700 people who follow it on T212 i.e. who use It as their portfolio.
I do take on higher risk on my SIPP so beta about 1.5 but then it’s been tootling along at around 40% a year.
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40% is very tidy indeed! Out of curiosity, do you have the cumulative returns over a 5 or 10 year horizon?
I feel getting 10% above inflation is stellar for a pension, and so inclined to agree with the chap about about the all world tracker. I have something similar myself in my pension.
I’m a set and forget investor so it works for me. No doubt there are better returns to be had if you put in the time/effort.
I could probably go back up to ten years and I’d been meaning to but couldn’t find the older figures when I was looking a few weeks back. My target for a long time has been to double every three to five years which equates to an average of 15 to 25% per year and, on the whole, I was getting that.
What’s changed over the last five years or so is that the amount became large enough to branch out and the performance has gone up to around double what it was. Risk adjusted performance has, if anything, improved i.e. the performance has gone up, but the risk hasn’t.
I think that where people generally fall down is that they don’t treat their pension as an investment portfolio. Doing so makes a massive difference.
You don’t need to put in time and effort. Pensions quite quickly grow to a size that discretionary investment managers are interested in running them for you.
It makes a big difference. For example, we moved the wife’s works pension into a SIPP back in August. In the best performing fund, she was getting about 12% a year. Since August, it has gone up 23% in a portfolio with a beta of 1.02 (i.e. similar risk to that all world fund).
I’m struggling to believe that a truly low risk portfolio is paying you 25% a year. That’s not a normal rate of return for a low risk investment.
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Possibly that 25% is including his own contributions? When I first started tracking my finances a few years ago I made that mistake - I was shocked at how “well” my pension was doing compared to what I read was normal, until I realised I was including my own contributions in the returns… 
No, it’s not including my contributions. It’s about 25% a year with beta around 0.84 which makes it lower risk. Higher risk one is getting about 30 to 40% a year but with beta around 1.4 or so.
That lower risk one has 1700 people copying it so probably over 2 million invested in it. Some people have confirmed the returns I’m seeing. My own contributions are miniscule in comparison to that 2 million.
To completely eliminate the own contributions factor entirely, the wife’s SIPP has a beta of 1 and has gone up just under 22% since mid August with no contributions over that period. The replica of that on T212 is showing almost exactly the same performance.
Very easy mistake to make. T212 adjusts performance to allow for that so figures on portfolios with them have the real performance.
Is that Global ETF for Growth? It says the 5-year AAR is 19.67%. That’s still not bad, though.
That’s the one. It was 25% until I moved it to a more cautious stance lately.
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