My personal pension matures next year. Should I shift out of With Profits and into cash to prevent my nestegg being shredded by the market slump?
My pension is with Norwich Union and was valued in January at £115,000. Will this value go down as a result of current market conditions? Or will the "smoothing" applied to with profits policies safeguard its value for the next 9 months.
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2 Answers
07 October 2008