After being with Alexander forbes close to 5 years now, I do not recall ever seeing a return on my pension above 15%p.a
FY2015 financials are out and I was furious to learn that of all the cash they have taken from me all these years, they gave 0% growth in my portfolio.
So I made a call to a few pension schemes listed on the RBA website.
It turns out some Pension schemes in the country grew their members contributions by 15%, some 12.5% and some at 8%. Several returned negative returns.
I am close to transferring my pension to Kenindia insurance as they say they have given back 15% for the past five years.
Would this be a prudent move?
Can you vouch for any other Pension Scheme? Reasons?