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Steve Slater

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Review of the The People's Pension, Workplace Pensions:

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Awful performance

Just had my statement for the last year put in 5000 pounds these people are supposed to look after it and invest wisely but the have managed to lose the lot and more same as last year and charged me nearly a grand for the pleasure may as well shove it in the mattress as trust these clowns Reviewed on: 9th June 2023

Steve Slater

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Reply from The People's Pension Hi Steve, We’re sorry to hear that the value of your pension has fallen. We invest your money in a variety of things so it has a chance to grow over time, but like any other investment, this isn’t entirely risk-free. Over the short term, the value of your pension can go down as well as up. Over the long term, our investment professionals aim to grow your pot of money so it’s worth more than what you put in by the time you retire. Most of our members are automatically invested in our default fund when they join us. As members get closer to retirement it switches from riskier investments into less risky ones with the intention of reducing sudden drops in the value of their savings and protecting their hard-earned cash. If you’re invested in our default fund and are unhappy with its performance, you can choose one of our other funds. You can find out more about your investment options here. The People’s Pension, provided by People’s Partnership Response date: 17th July 2023

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