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I'm not the kind of person that can make good investment choices (I just don't care).
Global tracker. It matches the mean performance of every publicly traded company on Earth (by size). It's simultaneously the most low-effort and (one of the) most effective way to invest for most people. You don't need to look at it or change it every year or whatever.
The default pension funds are usually megashit, just like your bank's basic savings account is megashit. You wouldn't stick £100k in an account that earns 0.1% interest for 30 years when there are others that earn 3.8%. Not looking at your pension and leaving it in shitty investments is basically the same thing
frankenbike-
I have a SIPP that I have control over that is mostly tracker funds and since I went permie I have a company pension (actually two of them) that are managed by some pack of souless demons in The City, I presume.
I tried logging in to it today to see where the money is invested and of course their site crashed.
EDIT: After confirming I'm not a USA person I'm in.
Wow, there's fuck all in this pension.
Looks like they have an ISA option. I don't have an ISA. I guess maybe I should do that shit. Or, maybe just add some personal contributions to this pension fund on top of the employer ones.
hippy
I don't like dealing with money, so I definitely err towards smashing the mortgage because the quicker I can pay that off the less money those arseholes at the bank get and I don't feel I've a thing hanging over me vs. having to think about where to invest or how much to contribute to the pension etc.
Humans are risk averse generally and I'm probably more risk averse in this regard.