Who Is Managing My Money?

When did you last check who managed your pension fund? You may well remember who the company is that administers your pension scheme but do you know the name of the person that manages your money? Most people do not.

The problem is that most people do not change their pension fund very often. Even if they do have an adviser to tell them to change the funds the fund managers themselves can change without the financial adviser realising.

Make sure you know who is managing your money, most people’s pension assets are one of the greatest assets alongside their home. You would not let a tenant living in a house you change move out and move someone else in without telling you so you should not allow this for your pension fund either.