PHE and PHT

[Jason Knowles]

Thanks for reply Steve, so do you think that is similar to just putting money into the IM 100 portfolio as that appears to be basically equity based.
Thanks.

[Adam Kay]

They are both 100% Equity however '100' is global equity whereas Lifestyle is chosen based our analysis

[Jason Knowles]

Hi Adam are YTD for both Lifestyle portfolios very similar.
As Steve said if I invested for 15 years would the first 5 years be at the highest risk, and also I assume if im not happy I can move my money out if I wish.
Thanks Jason

[Adam Kay]

the 5 models are identical for 'Income' and 'Withdrawal' the only difference is in their application. The Glide path(1 through 5 and 100% through 20%), with Income stopping at 3(60/40) and Withdrawal continuing on its path to model 1.

15 years would place you in the exact same portfolio, irrespective of which strategy you took. At year 11, withdrawal would move into 4 and Income would remain in 3.

[Jason Knowles]

Thanks Adam all becoming a little clearer now to me how it works.

[Adam Kay]

To be fair it isn't that clear and that will change after the migration (web content wise)

[Jason Knowles]

Thanks Adam just another couple of points before I make a decision, can I still add and remove funds if I wish.
Thanks

[Adam Kay]

yes of course. The Target Date only maps the portfolio. Thereafter it's up to 'you'. Add, withdraw subject to wrapper of course(SIPP), switch to something else. To be clear you are not locked-in in anyway

[Thepeoplespal]

Is Diageo still part of Equity?
Reason I'm asking is I remember reading ( I think in the CEO slidedeck to analysts and investors) that Diageo was introducing SAP for inventory in early 2027. If you are involved in Analyst information days or the like, you'd want to be seeing how that implementation is going. So many SAP implementations are riddled with very, very expensive mission creep changes, so much so the implementation either fails or has the company limping along.

[Adam Kay]

Hi TPP,

It does however the holding is very small.

[2BToo]

@Thepeoplespal said in PHE and PHT:

Is Diageo still part of Equity?
Reason I'm asking is I remember reading ( I think in the CEO slidedeck to analysts and investors) that Diageo was introducing SAP for inventory in early 2027. If you are involved in Analyst information days or the like, you'd want to be seeing how that implementation is going. So many SAP implementations are riddled with very, very expensive mission creep changes, so much so the implementation either fails or has the company limping along.

Off topic, but AMEN BROTHER! Having watched more than one SAP implementation from close quarters this is spot on. I don't think I've ever seen it put quite so directly, and it's entirely accurate!