Before making any financial decisions, including which funds are right for you, you may wish to seek the appropriate independent financial advice. If you do not have a financial adviser details of those near to you can be found at www.unbiased.co.uk.
You have a number of different funds you can choose to invest in, which are explained in the Investment Guide. You can download a copy of the guide from the Document library.
If you do not make an active choice, you will be automatically invested in the Multi-asset Lifestyle Profile.
Below is a summary of the choices available to you.
A Lifestyle Profile is a good option to choose if:
The Lifestyle Profiles provide you with a ready-made investment strategy. Initially it will invest in higher risk funds, expecting to achieve a higher return.
Then gradually, as you get nearer to your Selected Retirement Age, your investments are switched to lower risk funds to protect the capital value of the fund from large fluctuations in value.
You are not required to actively manage your funds, however the Trustee still recommends that you do review the matter regularly to ensure that the Lifestyle Profile remains the most suitable choice for your circumstances. There are three Lifestyle Profiles available to choose from, each carefully designed to match different retirement strategies.
The Lifestyle Profiles use your Selected Retirement Age to determine when funds switches should take effect. It is therefore important to regularly consider the appropriateness of the date you have specified as your Selected Retirement Age. If you do not choose a Selected Retirement Age then it will usually be assumed to be 65 unless you are notified otherwise.
Please refer to the Lifestyle Profiles section for more information.
Choosing Self-Select funds is a good option:
There is a variety of Self-Select funds available to you, covering a range of asset classes and management styles.
Further information on each fund can also be found in the Scheme’s Fund Factsheets which are available in the Document Library.
Our i-Investor tool is also available to help you understand the risk involved in different investment options.
Finally, if you have made a decision about your investment choices and would like to change the funds you are invested in at any time, complete the 'Investment Change Form' which can be downloaded from the Document library.