Same old same old with financial planer, amongst all the poor performing ones out there, very difficult to find any one who is competent and does take away with high fees

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i have a small super e pension in "conservative" mode at the moment,under $120.000 should i place a pecentage into another option.

regards,chris

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All generalizations are dangerous (including this one). On average you will be better off long term just leaving super in high growth even in the retirement phase. The problem is that some people will have relatively low balances and not long to live. In these circumstances a serious downturn could negatively affect their quality of life and they don't want to risk it (I totally get that). It might never happen of course, because the market will only fall once in say every 5 years (on average) so you may be dead before it happens. On average you would be better to leave it in high growth but you may well sleep better if you do not.

OTOH If you think you have 30 years to live and are lucky enough to have a very heathy super balance then you do not need to be changing from high growth. You are likely only drawing down say 4% a year and most downturns only last a year or two so the argument about locked in losses needs to be balanced against the equally valid argument of lost opportunity.

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