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To outperform a low index tracker is unlikely by an active fund. That's a given.
But these target year funds unfortnely have pre determined dates where they move from high risk to low, mostly by selling stocks to buy bonds or hold cash.
This is where the flaw lays they will sell even if the markets is in crash mode. Studies have shown investors have lost 100millions of pounds through the poor timings of these funds.
Using very simplicity model you could make vast difference to what is most likely your largest savings pot.
wildwest-
So better to avoid funds that do anything automatically? What about that nutmeg robo-fund stuff?
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My main pension is an occupational scheme so I don't have the option of a sipp there.
Other stuff is in ISAs, I need to look at whether tax relief on the way in (SIPP) would be better for me than tax relief on the way out (ISA).
hippy
ChasnotRobert
In the long term, not many people agree.
Edit: assumed you meant "outperform the market". I agree with your comments on previous page about the dubious value in paying fund management fees.