The dangers of DIY pension funds
Keep an eye on the fees, and focus on building an absolute return portfolio that diversifies and reduces risk
Self-managed pension funds have many merits for experienced investors or for those who have had a proper financial education. For others, it can be a dangerous route. Some 80 per cent of the population leaving secondary school do so without any financial education on wealth management at all, and most remain ill-equipped to manage their own pension fund over the rest of their lives. Most third-level graduates fit into the same boat.
Yet ...
