Investment choice
Your pension plan is invested with the intention of making your pot grow over the long term. But remember, like any investment its value can go down as well as up, you could even get back less than was paid in.
Take time to understand your options, so you can make the right choices for you. You can check where you are currently invested on your online account or via the mobile app.
Investing made easy
By default, the money in your pension plan will be invested in the low-involvement optionStandard Life Balanced Managed II Universal Lifestyle Profile. Unless you decide to move your money into another investment this is where it will stay invested. You should review this option and check it's suitable for your needs. Fund Guide (PDF 148KB)
It could be appropriate if:
- You want a low level of involvement in the selection of your investment options
- You don't want to worry about moving your investments around as you approach retirement
- You are happy with investment experts managing your money on your behalf
To find out more about the low-involvement option that applies to you, speak to your employer or see the information provided before joining the plan.
What are the charges?
The amount you will be charged depends on the investments you choose. The charges which apply to the investment options available to you are explained in our Fund Guide (PDF 148KB)
This guide doesn't take your scheme rebate into account - for more information on the charges for your default investment, and any scheme rebates, please see the information provided by your employer. Once you're a member of the plan, you can see the charges and rebates that apply by logging in to your online account .
For more information about costs and charges, including fund transaction costs, please see our dedicated charges page
Charges and rebates may change in the future.
Scheme rebates
We have agreed to provide enhanced terms to you, as a member of the company pension, giving you a rebate on some of the amount you have invested in certain funds. This is given to you as additional units in your fund each month.
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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 various factors, such as 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 that could help you decide which option might be right for you. However, there are other factors you should consider, like when you plan to retire and the type of investments you are comfortable with.
Or if you want to get a head start, you can read the Fund Guide (PDF 148KB) for more information about the different funds you can choose from, including with-profits and potential charges. Remember to regularly review your choices, especially if your circumstances change.