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,
 
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,
 
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bkenn14 said:
I have a feeling it is a lot slower to move funds held within a pension or ARF in my case
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I'm assuming you don't want to ask your advisor the question for whatever reason so, what does your ARF Policy Document say about Unit Fund Switches?

I'd say that people are confusing the effective dates of switches (the date that the switch took effect from) with the date that they receive confirmation of the switch.
 
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Thanks GSheehy,
The person I used to deal with has left the company or retired, Person Who has taken over hard to contact over the phone, Get the feeling they may be working from home rang they were at meetings a few times no call back believe it or not,
Hence I am changing Company reason I am asking Questions,
 
Some folks on here advocate for taking a home equity line of credit from your home during times of strife, while staying invested in mostly equities. I'm in favor of that approach as supposedly there is a lot of growth to be lost if you miss the best 10 days of stock market moves etc etc etc
 
Fibbernacci said:
Some folks on here advocate for taking a home equity line of credit from your home during times of strife
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Where has anybody advised that?
Equity release is not inappropriate in certain circumstances but I've never seen it recommend in the context that you describe which is basically borrowing against your home to invest in equities and not something that most people would recommend as a prudent move.
 
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Fibbernacci said:
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.
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yes i noticed that myself, I don't have emerging markets as was not available in zurich standard prsa but I see their 5*5 asia pacific is down even more than US. On a positive note though I had 20% in pure eurozone equity fund and that is actually up significantly in last week or so, so that has lifted my whole prsa fund out of the gutter, its now only down 11% or so compared to 15% it was down a week or so compared to start of year.

However probably when Trump starts doing trade deals emerging markets will get a big lift, there are indications Trump is under pressure to pull back from tariffs and they will just be there in the optics in order for him to save face
 
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