• As an aside, I just checked my pension and it is £12k lower in value than last month. Imagine how much of a ballbag it would be to be of pensionable age now and just about to draw it down.

  • Most pension funds start transferring your funds from stocks to cash in the 5-7 years before retirement, so most people should be okay.

  • My pension man said most do this automatically and take no account of market conditions. Ie You could be unlucky and it’s transferred the day after a big crash.

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