Hi,
My wife has a very small buy out bond (Fund value 24k) since leaving a job more than 10 years ago. It is a Zurich cash fund, single premium since that time and of course it going backwards in reality, on receipt of most recent annual statement. There is no investment strategy and management charge is 0.75% and she has not other pension.
I am thinking is there any option to switch to a product with some risk but will at least have some potential to grow ? Thank you in advance for any comments or advice.
My wife has a very small buy out bond (Fund value 24k) since leaving a job more than 10 years ago. It is a Zurich cash fund, single premium since that time and of course it going backwards in reality, on receipt of most recent annual statement. There is no investment strategy and management charge is 0.75% and she has not other pension.
I am thinking is there any option to switch to a product with some risk but will at least have some potential to grow ? Thank you in advance for any comments or advice.