80. How to pick a workplace pension fund (pension mini series 2)

Women & Money Cafe

90% of people in a work place pension in the UK are in a ‘default’ fund. Which may not be the right place for you. In this episode we are going to walk you through how to be intentional with your choice of pension fund.

• We will share the 3 key pieces of information you need to start with.
• Know if your pension has “lifestyling” and why you might want to change that.
• You will then be able to narrow down what initially seems like an incomprehensible list of funds to a few choices.

This is the 2nd episode in our pension series.

The team provide valuable insights into the various types of pension funds available, such as defined benefit plans and defined contribution plans.

Julie will give you the key words and phrases you are looking for. And some top tips on how to identify which funds you should consider, and which ones to avoid.
Kat shares some tips on how to understand the charges for each fund. Because we want low charges, so you get to keep more of the investment growth!
And Emily talks about your options for sustainable and ethical funds. And shares Tumelo with us.
While Michelle explains the difference between passive and active funds.

We end with the message of how to take action and not to fear getting it “wrong”. Follow our steps and you can’t get it wrong.
GUEST: Kat Lowers
We were joined in this episode by financial planner, Kat Lowers. Kat is a financial planner at Colmore Partners. I wish I could say something fun like I am part of the circus but alas, I live a relatively simple life that involves going to the gym; going out to eat and drink with friends and family; and helping clients with their financial goals - although, not necessarily in that order!

YOUR HOST
Julie Flynn is an experienced independent financial adviser and financial coach. Justice and equality drive Julie. Which is why she’s spent years studying and researching how stress affects our financial decision making.

Julie is best known for her work with women who have lost their partner and coaching financial services business who want to implement fair and transparent charges.
Ebb & Flow Financial Coaching | Bree Wealth & Tax | Instagram
CO-HOSTS
Emily Pool is a Financial Planner and Will Writer. She is passionate about empowering people to invest their wealth (pensions and savings) sustainably and in line with their personal values.

Michelle Lambell started her career in financial services as a Stockbroker in 1999 undertaking both advisory and discretionary investment management. Today she is a Chartered Financial Planner, specialising in retirement planning advice, pensions and investments and a Certified Financial Coach.
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