Holly Mckay
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    • Home • Advice • Common questions

    Is my pension underperforming?

    20 November 2023

    Question by carol

    My pension is with Quilter and managed by Argentis. I appreciate the market has been tricky but returns are poor - I have removed my ISA to a better performing provider, but how do I work out if Quilter and Argentis are doing as well as other providers in a difficult market, or if they are underperforming? I am concerned in between poor performance and charges the fund is being eroded - any ideas/suggestions please? I do not know where to look to make an independent judgement. Thanks

    Answered by Tracey Che

    Dear Carol,

    Quilter Cheviot is a discretionary fund manager and the industry standard benchmark is ARC (Asset Risk Consultant), which is completely independent and aggregates performance figures from over 120 investment firms to get an average within each risk category - this should give you an indication on whether they have been underperforming against their peers (as everyone would have faced the same difficult market conditions).

    You will need to know which risk category your portfolio sits within for the comparison - this should be something your financial adviser at Argentis should be reviewing for you and discussing with you at your annual review meetings.

    Hope this helps.
    Tracey

    Answered by

    Tracey Che

    Financial Planner

    As a Financial Planner at Moore Kingston Smith, I provide holistic financial planning to high-net-worth individuals.

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.