You are reading a single comment by @hippy and its replies.
Click here to read the full conversation.
-
It's just employer contribs. I've no idea what it returns. Never really looked at it.
I've been less concerned with pensions and more into paying off my mortgage. Investments are too fickle and I'm really not interested so I prefer to just pay off debt then build cash and then do stuff with cash. But if there was something that could go "now is probably a good time to overpay" or "now, rather than overpay, why don't you stick some coin into your pension"
hippy
I think the risk (which might be why it's not a more commonly offered thing) is that the same factors which impact returns on one thing also impact the others, e.g. low interest rates make mortgage cheap (low savings from overpay) but push up asset prices (might be good for stocks).
You can chuck some fixed numbers in but there's a big risk it would be misleading if you use e.g. s&p averages over a long ish period.
I'd be surprised if your pension gives fixed return unless it's fixed the return at a number which is pretty low!