In reply to Lankyman:
> I have a very small work-related pension fund which seems to be plunging in value. Since the end of 2021 its value has dropped by 7%.
Not unusual given the state of the markets in the past 12 months.
> They're predicting it to fall further over the next few years.
Then you should look for another company that manages defensive better, or switch to a diversified portfolio of trackers. Extraordinary thing fo rthem to say!
> I haven't contributed anything to it since March.
Unless you genuinely can't afford it, I'm surprised that's the sensible option. Does your employer contribute? Have you an alternate retirement savings strategy?
> I'm wondering whether or not to cash it in, at least get a tiny bit of interest? BTW, it's not millions and any pension in a few years' time would be a pittance.
It'll be worth the value of the pot - you don't *have* to take an annuity
> I'm not convinced I'm going to live a long time either. Jam today?
Well, we're all dying, aren't we? Unless you've got a life-limiting diagnosis, or have significant addiction to alcohol, drugs or food, (or cave dive or wing suit routinely at the weekends), I'd suggest a prudent approach to thinking about your future financial security.
Post edited at 15:11