Like a lot of people, I have a string of relatively small pensions, all invested in different funds with a few different providers. I should add that I'm no longer paying into any of the ones I'm asking about here. All of them are "contribution" pensions, where I pay in, build up a 'pot' and can elect to invest that pot in various ways. The bigger the pot when I retire, the greater the income I'll receive from them.
I've been looking at the rate of return I'm getting, and trying to read the providers fund information to see if I should be considering moving investments around. This has proven incredibly complicated, not least because different providers (and even different funds) report different metrics, and those metrics don't seem to match up to my actual experience.
What I have managed to do is to get the 'balance' of all my pensions over at least the last 5 years (they issue statements around the same time each year). By looking at those balances, I can work out the gain/loss for each year, and the overall gain/loss over the full 5 years.
I see annual gains ranging from -7% to 37%, but over all my pensions, over 5 years seems to have been about 30% (which I make about 5-6% compound interest over that period). That's the last 5 years to now.
My question is... what sort of territory should my annual returns be in? Am I in around the right ball-park, or are my investments way off?