Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mercer Pension Fund Options / Advice

  • 20-07-2019 3:44pm
    #1
    bunderoon
    Registered Users, Registered Users 2 Posts: 689 ✭✭✭


    Hey all.

    Anyone have previous experience or currently using Mercer for Pension fund and if so, what strategy did you go for?


    Options:

    1) Let Mercer handle 100% - Aspire retirement Strategy (Annuity)

    2) Let Mercer help you out
    a) Aspire High Growth Portfolio.
    b) Aspire Moderate Gr..
    c) Aspire Cautious Gr..
    d) Aspire Defensive Gr..
    e) Aspire Protection Gr..

    Can anyone give advice on what they went for and if option 2, what percentage (out of 100%) did ye assign to which. You can opt to avail of all from a) to e) spreading up to 100%.



    Thanks in advance.
    Tagged:


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    No disrespect but surely Mercer are best placed to advise on those funds. They are getting paid to advise you.


  • #3
    bunderoon
    Registered Users, Registered Users 2 Posts: 689 ✭✭✭bunderoon


    Henry Ford III wrote: »
    No disrespect but surely Mercer are best placed to advise on those funds. They are getting paid to advise you.

    None taken.
    This is offered through work and they handed out a form with all the details.
    I'm wondering what others have went for and how it has gone for them so far.


  • #4
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    Typically, mercer lifestyle option throws you into a diversified growth fund, in your case id say its the cautious or moderate growth fund, with the last ~7 years tapered out to cash/bond funds (defensive/protection funds) to reduce risk in the run up to you turning 65. Their documentation explains all this very clearly, ask for it

    What age are you and what age do you plan to retire? You can go up to high growth if you are 20+ years from retirement id say then do the tapering out to lower risk closer to retirement yourself.


Advertisement