Most American funds have performed well recently. Don’t quote me, but I believe that the S&P500 has returned 10%+ on average for decades and decades, so well ahead of the 6% you’ve mentioned.
I’m no expert but I do choose my own pensions funds (would prefer ETFs but not an option the providers I’m with).
The 4 funds I hold via my main pension provider Aegon are:
TEC-Aegon/Scottish Equity Texhnology
AFA-Scottish Equitable Axa Framlington American Growth
XHS-Aegon HSBC Life Islamic Global Equity Index
IEI-Scottish Equitable Invesco Global Equity Income
In my NEST pension I go with the below fund based on its risk exposure and performance versus the only other options I could see:
NEST Sharia Fund
I’’ve got a new Pension (new job) with Royal London and went with the below as initial choices to get me away from the defaults…
RLP/Blackrock ACS US Equity Index
RLP/HSBC Islamic Global Equity Index
I’d strongly recommend watching some YouTube video by Damien Talks Money if you fancy upskilling, not only on pensions but on all things financial. He does have some pension google sheets that list some recommended funds by all the most popular pension providers and believe the below video gives details. (I’m in no way affiliated!)
https://youtu.be/lP30qVRLyTY?si=oFg6YgyQYrAu-LU3
Sent from my iPhone using Tapatalk