Huge Decision

A lady had an old Pearl pension that she no longer contributed towards.  We obtained written results showing zero returns for the last 10yrs and little chance of growth in the future.  However, the penalty for transfer or an internal fund switch was 1/3 the value of her pension.   Awful position to be in, so we calculated using her age to retirement, her other assets, her income, etc and reluctantly recommended that she 'took the hit' and gave herself a chance of growth over the next 25yrs.  Within 10yrs she had reaped the benefits of this bold move and is now in a healthy position for her future retirement.