Your options

1. Choose an investment fund, or funds, to suit you

Legal & General offers a wide range of pension investment funds with varying levels of risk and potential reward. You can choose to invest your contributions into one or more funds according to your attitude to investment risk. You can switch your investment from one fund to another, whenever you choose, free of charge.

• There are over 20 Legal & General pension investment funds to choose between, ranging from index-tracking funds (which track the performance of a market or geographical region) to actively managed investment funds (where a fund manager decides what to invest in, in order to best achieve the fund's aims).
• Alternatively, there are 17 funds from a set of specially selected external fund managers.

For more information on our pensions investment funds, please click on the fund information link on the right-hand menu.

2. Choose a lifestyle profile

You also have the option of a lifestyle profile. This is where your contributions are initially invested in funds for the potential of long term growth and then your investment is steadily switched into lower risk funds as you get nearer your chosen retirement age.

3. Take the default option

If you prefer not to choose a pension investment fund, your contributions will be invested into our default investment option - the UK Equity Index Lifestyle Profile. This means your contributions will initially be invested in the UK Equity Index Fund then, starting 10 years before your chosen retirement age, your investment will be gradually switched to the lower risk Fixed Interest and Cash Funds.

We recommend that you read the leaflet Choosing your investment fund (PDF 89KB).