Funds made clear.

What is an investment fund?

When you apply for a Stakeholder pension, you can choose where you want to invest your payments – in other words, which funds you want to invest in. Each fund is divided into a number of units. Each time you make a payment into your pension plan, we use it to buy some of these units in your chosen fund or funds. 

Funds invest in assets such as:

  • Equities - also known as shares,
  • Fixed interest securities - also known as bonds,
  • Commercial property,
  • Cash.

Alternatively, rather than selecting funds, you can invest in one of our Lifestyle Profiles. 

What is a Lifestyle Profile?

You can choose a Lifestyle Profile instead of choosing individual funds. Your money will initially be put into one or more funds, typically invested in a mix of assets including equities. As you get nearer to your selected retirement date, we steadily switch your money into one or more funds considered to be lower risk. The Lifestyle Profile will apply to the whole of your plan.

How many funds can I invest in?

You can choose to invest in up to 10 different funds or one Lifestyle Profile at any one time. If you can’t decide or don’t want to make a choice, we’ll automatically invest your payments into our default Lifestyle Profile called the Multi-Asset Lifestyle Profile. 

What is the default Lifestyle Profile option?

Our default Lifestyle Profile is the Multi-Asset Lifestyle Profile and invests in the Multi-Asset Fund. When you're 10 years away from your selected retirement date, we start to gradually switch your pension pot into our Over 15 Year Gilt Index Fund and the Cash Fund, which are considered to be lower risk funds.

Please remember that the values of these funds may go up or down.

To find out more about assets and which funds and Lifestyle Profiles are available, please see the Choosing your investment fund (PDF: 176KB) brochure and our Investment fund choices page.


03459 932 584

9am to 5pm Monday to Friday
Call charges will vary. We may record and monitor calls.

Before you apply make sure you read these

Need help?

Your recently viewed items...

You need javascript enabled for us to remember your Recently Viewed Items.

You might also be interested in...

Why choose us?

Listening to our customers about our service has helped us to provide products and services to meet their needs. That's why so many of our customers stay with us, year after year.

Pension calculators

Work out how much you need to save to help you reach your target retirement income.

Stakeholder pension for children

Investing in one of our Stakeholder pensions is a great way to help provide for your child’s future.