Investment choice

How your pension plan is invested can make a big difference to your future - since it's an investment its value can go down as well as up so you might get back less than what was paid in. You should take the time to understand your options, so you can make the right choices for you.

Investing made easy

By default, the money in your pension plan will be invested in the low-involvement option: Sustainable Multi Asset Universal (PP 10 Year) Strategic Lifestyle Profile. This has been chosen by Standard Life, following consultation with BT, as a good option for most people in the company.

 Lifestyle Profile Flyer (PDF 106KB)

This option may be right for you if:

  • You're happy for someone else to make your investment choices on your behalf
  • You don’t want to worry about moving your investments around as you approach retirement

Your money will stay invested in this option unless you decide to change where you invest. You should review this option to check it's right for you.

What you'll pay if you invest in the selected option

This information is correct as at March 2022. Charges and rebates may change in the future. The figures shown above reflect the charges for the fund used in the growth stage of this lifestyle profile. There may be other funds in the profile that are more expensive. For more information please read your  Lifestyle Profile Flyer (PDF 106KB)

Choosing your own investments

You can choose from a range of investment options if you want to change from the low-involvement option. The right option for you will depend on your circumstances, experience of investing and attitude to risk.

You can log in  to your account to make a fund switch after you've made your first payment into the plan. You’ll find a range of investment guides and a risk tool to help you decide what option might be right for you.

Or if you want to get a head start, you can read the  BTRSS Fund Guide (PDF 837KB) for more information about the different funds you can choose from and potential charges. Remember to regularly review your choices, especially if your circumstances change.

Want more investment choice? Upgrade to a GSIPP

You may be able to move to a different type of pension - a Group Self Invested Personal Pension (GSIPP). This would give you even more choice over how you invest your pension money since you'll get access to invest in stocks & shares, a wide range of mutual funds, as well as all of Standard Life's pension funds.