My accountant has advised me to put some of my tax into a pension asap. He recommends a Standard Life Manager of Manager funds (Balanced Multi-Manager). From looking on the web it seems to have performed fine over its last two years (only started 2 yrs ago).
My question is though: how do the fees etc. compare:
96.5% of contribution invested
Mgt Fees 1.35% p.a. (slightly above normal to account for extra layer of Managers - as its a manager of managers fund)
Commission of 5%
My question is though: how do the fees etc. compare:
96.5% of contribution invested
Mgt Fees 1.35% p.a. (slightly above normal to account for extra layer of Managers - as its a manager of managers fund)
Commission of 5%