Issue 42 / July 2018
FE Trustnet
magazine
Putting it in reverse
Drawing down your pension pot
AGE-OLD PROBLEMS ONE SIZE FITS ALL? OLD BEFORE THEIR TIME
Threats to a comfortable
retirement Is auto-enrolment
working? Junior SIPPs under the
spotlight
Fund, Pension, Trust / Sector Profile / Stockpicker / What I Bought Last
ISSUE 42
CREDITS
TRUSTNET MAGAZINE
(FORMERLY INVESTAZINE)
IS PUBLISHED BY THE TEAM
BEHIND FE TRUSTNET IN
SOHO, LONDON
Editor’s letter
N
ew contributor
Danielle Levy
kicks off this
issue with a beginner’s
guide to drawdown. If
you have been sensible
and spent your working
life paying significant
sums into your pension,
your retirement marks
the time when you can
finally reap the rewards
of your hard work.
However, you need to
work out a drawdown
strategy that is right for
you, depending on your
investment experience,
attitude to risk, cost of
living and a variety of
other factors. AltRetire’s
John Blowers says that
even if you have built
up a sizeable pension
pot, this doesn’t mean
you are home and dry – in his regular column,
he looks at some of
the biggest threats to a
comfortable retirement.
We go from one end of
the pensions life cycle to
the other as I investigate
whether it is worth
kickstarting your child’s
pension by opening a
Junior SIPP. Whether you
will need to take this step
depends to some extent upon the success of the
auto-enrolment scheme;
Hannah Smith assesses
its progress so far.
In our regular columns,
Tilney’s Jason Hollands
reveals which fund he
is using to complement
a typical US product
skewed towards the
tech stocks dominating
the S&P 500, while Blue
Whale Capital’s Stephen Yiu goes the opposite way
and names three FAANG
stocks he thinks still have
plenty of bite.
Have a great summer,
8 child’s pension an early leg-up.
But, asks Anthony Luzio, is it
wise to deprive them of such a
large pot of money for close to
60 years? Age-old problems What I bought last
Contents
WEBSITE: www.trustnet.com
EMAIL: editorial@financialex-
press.net
CONTACTS:
Anthony Luzio
Editor
T: 0207 534 7652
P. 19-23
Javier Otero
Art direction & design
W: www.feedingcrows.co.uk
Editorial
Gary Jackson
Editor (FE Trustnet)
T: 0207 534 7680
Rob Langston
News editor
T: 0207 534 7696
Jonathan Jones
Senior reporter
T: 0207 534 7640
Henry Scroggs
Reporter
T: 0207 534 7692
Sales
Richard Fletcher
Head of publishing sales
T: 0207 534 7662
Richard Casemore
Account manager
T: 0207 534 7669
Photos supplied by iStock
Cover illustration: Javier Otero
Anthony Luzio
Editor
Data hub
Crunching the biggest trends
down into figures
P. 24-25
Fund, pension, trust
Putting it in reverse
Danielle Levy considers
your options when the time
comes to stop paying money
into your pension and start
drawing it down
P. 2-7
Monks – growth from
different perspectives
James Budden says Monks
Investment Trust’s diverse
and measured take on global
growth could make it a
cornerstone of any investor’s
portfolio
P. 8-11
One size fits all?
Hannah Smith finds out if auto-
enrolment can hope to solve
the many different retirement
issues of its vast number of
members
P. 13-16
Old before their time
A Junior SIPP could give your
Baillie Gifford Global
Discovery, 3i Infrastructure and
Middlefield Canadian Income
find themselves under the
spotlight this month
P. 26-31
Flexible or weak?
The wide remit afforded to
IA Flexible Investment funds
lets them invest where they
want, but makes meaningful
comparisons impossible, writes
Adam Lewis
P. 32-39
AltRetire’s John Blowers
attempts to solve some of the
biggest problems you are likely
to face in retirement
P. 40-45
Plenty of bite
While many analysts warn the
FAANG stocks are expensive,
Blue Whale Capital’s Stephen
Yiu says the market could be
underestimating their potential
P. 46-47
Tilney’s Jason Hollands says
Conventum Lyrical would
complement a US fund skewed
towards the usual suspects
that dominate the S&P 500
P. 48-49
40