As the chart suggests, there were probably periods when your pension pot was growing steadily and you probably didnt really notice this, but when the value falls sharply, and especially when this is close to retirement, it is obviously much more noticeable. Should you save for your child's future by opening a Junior Isa - and is it better to choose cash as interest rates rise or invest in stocks and shares? Contact. Closing a fund is not an option we take lightly. Following this adjustment the Smoothed Price continues to grow in line with theExpected Growth Rate (EGR)as normal. As youre probably aware, the majority of your pension is invested. You can find out more here. It seems we cant find what youre looking for. Headlines about high inflation and recession can leave you wondering about your pension. This is why people are always reminded that investing is for the long-term and to recognise that there can be periods when funds go down as well as up. why has my prudential pension dropped . Press: press@pensionbee.com Rather than storing all your money in a savings account, everything you add to your pot is used to buy 'units' from your chosen .css-1h0u6e1{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:underline;text-decoration:underline;outline:none;color:inherit;font-weight:700;line-height:1.375;font-family:"Open Sans",system-ui,sans-serif;}.css-1h0u6e1:hover{color:#FF3D6B;}.css-1h0u6e1:focus{box-shadow:0 0 0 3px rgba(66,153,225,0.6);}.css-1h0u6e1:active,.css-1h0u6e1[data-active=true]{color:#FF3D6B;}.css-1h0u6e1:disabled,.css-1h0u6e1:disabled:focus,.css-1h0u6e1:disabled:hover,.css-1h0u6e1[aria-disabled=true],.css-1h0u6e1[aria-disabled=true]:focus,.css-1h0u6e1[aria-disabled=true]:hover{opacity:0.4;cursor:not-allowed;-webkit-text-decoration:none;text-decoration:none;}pension fund. They said an email would be sent with all the details, but I didn't receive it. We also use content and scripts from third parties that may use tracking technologies. Each PruFund funds smoothing limits are available from:https://www.pruadviser.co.uk/pdf/WPGB0031.pdf. Ok, what's going on. If you are invested via the Prudential Investment Plan (Post R Day) youll find more detailed information here. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. Very briefly, this means there is a (small) chance you could lose some of the money you invest. Over 2022, The Prudential Assurance Company Limited With-Profits Fund returned -1.1% (net of tax) and -1.5% (gross of tax), both before charges and the effects of smoothing*, while many comparable sector averages returned around -10%. With pensions, as with all investments your capital is at risk. Because the majority of people do not now use their pension pot to lock in to an income for life but instead keep the money invested, pension providers have taken the view that 'staying. If the investments inside your pension fund drop in value, the value of your pension pot will also dip. I have received the annual statement and it appears on the balance of 17000, it has dropped by some 800 this year.

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