- Skip to content [Accesskey 'S']
- Skip to navigation [Accesskey 'N']
- Go to Home page [Accesskey '1']
- Go to Site Map [Accesskey '3']
- Go to Search page [Accesskey '4']
- Go to Help page [Accesskey '6']
- Go to Complaints page [Accesskey '7']
- Go to Terms & Conditions page [Accesskey '8']
- Go to Contact Us page [Accesskey '9']
- Go to Access Key Details page (Accessibility information) [Accesskey '0']
As one of the UK’s leading pension providers, you can be assured that you are in expert hands.
Pension fund choices.
1. Relax - Let us do it for you.
If you’d rather not choose your fund at all, that’s fine. We’ll automatically invest your payments into our UK Equity Index Lifestyle Profile. This means your money will initially be invested in the UK Equity Index Fund, then as you approach your selected retirement date, we’ll gradually switch it into funds considered to be lower risk.
2. Research the basics first.
If you’d like to choose your own funds but you’re not sure about which funds might be suitable for you, or you don’t really know what funds are or what they mean, take a look at our Funds made clear guide. After reviewing this information, you can either decide to choose from the funds below, or simply select our default fund in option one (above).
3. Make your own fund choice now.
If you’re confident choosing your funds yourself, then spend some time reviewing all the fund information on the fund ‘factsheets’ in the boxes below before making your selection.
Where you can invest your pension
We have a wide range of 40 funds, some managed by us and others managed by specially selected companies. We also offer an investment option called a Lifestyle Profile. If you don’t know what a Lifestyle Profile is, see our Funds made clear page.
If you’re confused about the differences between each fund, you can look at the breakdown and description of each fund on the ‘factsheets’ below. These fund factsheets give you information about the past performance of the fund, what types of assets your money would be invested in and the fund’s top 10 holdings. They’re updated monthly, and you can print them and keep them for future reference. Click on an individual fund to see its factsheet.
All investments carry an element of risk. Find out more about the charges and risks associated with our Stakeholder pension plan, or see our Choosing your investment fund (PDF: 399KB) document.
You can choose up to 10 funds or one Lifestyle Profile. You can change your funds free of charge after your application has been accepted.Note: The FTSE indices are calculated by FTSE International Limited (“FTSE”). FTSE does not sponsor, endorse or promote these products. All copyright in the indices’ values and constituent list belongs to FTSE. Legal & General has obtained full licence from FTSE to use such copyright in the creation of these products. “FTSE™”, “FT-SE®” and “Footsie®” are trade marks of the London Stock Exchange plc and The Financial Times Limited and are used by FTSE International Limited (“FTSE”) under licence. “All-Share, and All-World” are trade mark(s) of “FTSE”.
Cash Fund
Aim: To provide capital protection with growth at short-term interest rates. The fund invests in the short-term money markets such as bank deposits and treasury bills.
Notes
A: This fund does not invest in any asset types where the capital value can fall, such as fixed interest securities. The value of the fund’s assets would only fall if a deposit holder or the UK Government were unable to meet their obligations.
B: If the interest earned by the fund’s assets is insufficient to cover the product charges, the value of your pension fund will fall.
Consensus Fund
Aim: The Consensus Fund combines the long-term growth potential offered through UK and overseas equities with the relative security provided by gilts, bonds and cash. The assets held within the fund are passively managed and based on the average investment mix of a large number of major pension funds using the three-monthly Combined Actuarial Performance Service survey (excluding property).
Distribution Fund
Aim: The fund is a balanced fund, and its investments include equities, fixed interest securities and property. The fund aims to offer good long-term growth potential through a combination of capital growth and reinvested income from a cautious, balanced portfolio, and is actively managed to achieve this objective.
Equity Fund
Aim: To maximise the investment return by investing in a very broad mix of mainly UK companies.
Ethical Fund
Aim: The fund is set up in such a way that it aims to reflect the performance (before charges) of the FTSE 350 Index, not including companies whose business does not keep to a range of ethical and environmental guidelines.
European Equity Index Fund
Aim: The fund is set up in such a way that its performance (before charges) aims to reflect that of the FTSE Europe (excluding UK) Index with income reinvested.
European Fund
Aim: To provide the potential for long-term growth by investing in a portfolio exclusively invested directly or indirectly in European securities, other than those of the UK, which may be selected from all economic sectors.
Far Eastern Fund
Aim: To provide the potential for long-term growth by investing directly or indirectly into a portfolio of Far Eastern securities, which may be selected from all economic sectors.
Fixed Interest Fund
Aim: To maximise the overall returns from interest received and capital values of a portfolio of investments in British Government stocks and other readily marketable fixed interest securities. This may also include quoted marketable stocks of overseas governments and companies.
Global Equity 70:30 Index Fund
Aim: The fund benefits from the returns of the UK and overseas equity markets by investing 70% in our UK Equity Index Fund and 30% in our overseas equity index funds. The overseas equities within the fund are based on the average investment mix of a large number of major pension funds using the three-monthly Combined Actuarial Performance Survey (excluding property).
Global Equity Fixed Weights 50:50 Index Fund
Aim: The fund aims to capture the sterling total returns of the UK and overseas equity markets with fixed asset allocation between the UK (50%) and overseas (50%). The overseas exposure is divided 17.5% in Europe (not including UK), 17.5% in North America, 8.75% in Japan and 6.25% in Asia Pacific (not including Japan).
Global Equity Fixed Weights 60:40 Index Fund
Aim: The fund benefits from the returns of the UK and overseas equity markets by investing 60% in our UK Equity Index Fund and 40% in our overseas equity index funds. The overseas portion is split 14% North American, 14% Europe (not including the UK), 6% Japan, and 6% Pacific Basin (not including Japan). The fund aims to match these percentages but they could change.
Index-Linked Gilt Fund
Aim: The aim of this fund is to get the best return from a portfolio of mainly index-linked securities issued predominantly by the UK Government.
International Fund
Aim: The fund seeks to secure long-term capital growth from a widespread portfolio of international securities. Occasionally, shares of UK companies, a large proportion of whose profits arise from overseas earnings, may be included.
Japanese Equity Index Fund
Aim: To provide the potential for reliable growth by tracking the performance of the FTSE World Japan Index. In order to accurately track this Index, the fund’s investments will closely replicate the holdings in that Index. To gain exposure to the Japanese stock market, but without all the risk attached to individual stock selection.
Managed Fund
Aim: To seek steady long-term growth, whilst at the same time safeguarding the fund against excessive risks. It invests principally in UK and international equities but also has some exposure to fixed interest securities, UK commercial property and cash, thus offering a more diversified investment than a pure equity fund.
North American Fund
Aim: To provide the potential for long-term growth by investing directly or indirectly into a portfolio of US securities, which may be selected from all economic sectors.
Over 15 Year Gilts Index Fund
Aim: To track the total return of the FTSE-A Government (Over 15 Year) Index to within +/- 0.25% each year for two years in three.
Property Fund
Aim: To get the best return from a portfolio of first class freehold and leasehold interests in commercial and industrial property. This includes industrial warehouse buildings, shopping units and office blocks. It is also permitted to invest up to 15% in other external property funds in order to take advantage of investment opportunities in niche or specialist sectors.
UK Equity Index Fund
Aim: The fund is set up in such a way that its performance (before charges) aims to reflect that of the FTSE All-Share Index with income reinvested.
UK Recovery Fund
Aim: The fund aims to secure capital growth from UK securities which offer recovery prospects. The fund managers will select shares whose prices are believed to be undervalued and which generally do not reflect earnings potential.
UK Smaller Companies Fund
Aim: The fund seeks to maximise capital growth from a portfolio of UK securities consisting largely of UK smaller companies selected from all economic areas. The fund primarily invests in companies which comprise the lowest 10% by capitalisation of the UK equity market.
US Equity Index Fund
Aim: The fund is set up in such a way that its performance (before charges) aims to reflect that of the FTSE USA Index with income reinvested.
We can’t tell you where you should put your money. For some people, a mix of funds is the most appropriate option. Others prefer to invest only in one fund. There’s no one best place to invest. Wherever you decide to put your money, you’ll need to make sure it’s in a fund or funds that you feel comfortable with.
Aberdeen Life Global (ex UK) Equity Fund
Aim: To provide exposure to an actively managed portfolio of overseas equities – an asset class that is expected to provide long-term returns that are ahead of inflation.
Aberdeen Life Global Growth Fund
Aim: To maximise the value of pensions savings, achieving long-term returns that are ahead of inflation through active investment primarily in UK and overseas equities.
Aberdeen Life Multi-Asset (ex Property) Fund
Aim: To maximise the value of pension savings, achieving long-term returns that are ahead of inflation.
Aberdeen Life UK Equity Fund
Aim: The fund is actively managed and provides exposure to UK equities. It aims to outperform its benchmark which is currently calculated using index returns.
Allianz RCM Dynamic Growth Fund
Aim: To achieve long-term capital growth through active asset allocation and seeks to manage the risks of capital loss resulting from excessive market volatility. The fund manager aims to achieve the objective by investing in any economic sector internationally and by holding cash and/or near cash when considered appropriate. The fund may invest in collective investment schemes as well as directly in equities, fixed income securities (issued by corporate, government and/or supranational institutions) and money market instruments.
The fund manager intends to gain indirect exposure to emerging market indices and alternative asset class indices including, but not limited to, private equity, commodities, hedge funds and real estate by investing in collective investment schemes, including exchange traded funds. The fund may also invest in derivative instruments such as futures, options, options on swaps, swap agreements (including equity and/or index based total return swaps, interest rate swaps and/or credit default swaps) and currency forward contracts. The fund may use options in order to generate synthetic cash positions. In particularly adverse market conditions the fund may also hold cash deposits up to 80% of the portfolio.
IMPORTANT NOTE: The risk profile of the fund will increase through investment in derivative instruments and you should seek further advice with regard to your own circumstances.
Allianz RCM UK Equity Fund
Aim: To achieve capital growth. The fund may invest in all economic sectors in the United Kingdom. The fund aims to achieve the objective by investing in a broadly based portfolio of UK companies.
GLG Balanced Fund
Aim: To provide capital growth over the long term. In order to achieve the funds objective, the fund invests in authorised unit trust schemes and open-ended investment companies operated or managed by the Manager or any of its associated companies.
GLG Espirit Continental Europe Fund
Aim: To achieve above average capital growth through investing in the quoted securities of companies listed on European Stock Exchanges. To achieve the objective the fund is predominantly invested in securities of companies operating in Continental Europe. The fund invests in those securities which are believed to present special opportunities for capital growth. The fund may also invest in other investments to the extent permitted by the FSA Rules as applicable from time to time.
GLG Global Equity Fund
Aim: The fund invests in a portfolio of GLG’s institutional funds, to produce exposure to UK and overseas equity markets. The portfolio’s asset allocation is formally reviewed on a monthly basis by GLG’s Asset Allocation Group which meets to consider key economic, financial and stockmarket data.
GLG UK Growth Fund
Aim: To achieve capital growth through investing in the quoted securities of companies operating in the United Kingdom. To achieve the objective, the fund is predominantly invested in the securities of companies listed on the London Stock Exchange, being constituents of the FTSE 350 Index. The majority of the securities held will be in companies which are constituents of the FTSE 100 Index, but a representation in the mid-cap area may also be maintained.
JPM Life Growth Fund
Aim: To achieve superior returns by investing in shares of a broad range of worldwide markets, including emerging markets.
JPM Life Moderate Fund
Aim: To achieve superior returns by investing in the shares and bonds of a broad range of worldwide markets, including some emerging markets.
JPM Life UK Disciplined Equity Fund
Aim: To achieve strong capital growth by investing in the shares of UK companies. It aims to outperform its benchmark, the FTSE All-Share Index, by over 1% over three years before fees are taken into account.
Newton Balanced Fund
Aim: To achieve a balance between capital growth and income predominantly from a portfolio of UK and international securities. The fund may also invest in derivative instruments, forward transactions and collective investment schemes.
Newton Global Equity Fund
Aim: To achieve capital growth from a portfolio of international securities. The fund may also invest in collective investment schemes.
Newton Higher Income Fund
Aim: To achieve increasing distributions on a calendar year basis with long-term capital growth.
Newton UK Equity Fund
Aim: To achieve capital growth and income from a portfolio of predominantly UK securities. The fund may also invest in collective investment schemes.
How useful did you find this page?
SAVE FOR YOUR FUTURE
03459 932 584
Call charges will vary. We may monitor and record calls.
Before you apply make sure you read these
PDF: 949KB
PDF: 399KB
Tools
-
Contributions calculator
Work out how much you need to save to help you reach your target retirement income. -
Children's calculator
Help your children begin saving.
Your recently viewed items
You need javascript enabled for us to remember your Recently Viewed Items.
You might also be interested in...
Funds made clear
Confused about pension funds? Read our funds made clear page and feel confident about choosing the funds for your Stakeholder pension.
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.
Contributions calculator
Work out how much you need to save to help you reach your target retirement income.
