Pathway funds

The Pathway funds offer you a flexible approach to investing your pension savings. They allow you to match your investment strategy to a ‘target date range’, which will normally be aligned to the date at which you currently plan to retire or access your pension savings.

Please note that the five year target range for each fund begins and ends at the start of July. This means, for example, that if your target retirement date is in 2050 you will need to consider whether the 2045-2050 Pathway fund or the 2050-2055 Pathway fund is more likely to fit your plans.

This type of fund is relatively new in the UK. They are often referred to as target date funds or TDFs. The idea is that you save in a single fund along with other people who have a similar target retirement date in mind.

For more information on how the Pathway funds work, take a look at our
PDF file: View - Guide to the pathway funds PDF size: 1.52MB

Pathway funds are available on the plans listed below.

It's important to select the option from the list that matches the type of pension plan that your employer has chosen.

If you aren't sure which type of plan you have, you'll find details in the letter you received from us, at the time of joining your scheme.

WorkSave Pension Plan

To find out more about the Pathway funds that are available to your scheme, select one of the options below, depending on whether the names of the funds in your investment guide:

  • end in '3'
    This is our Generation 3 fund range and the funds are shown, for example, as the Legal & General (PMC) 2020-25 Pathway Fund 3.
  • don’t end in '3'
    This is our Generation 25 fund range and the funds are shown, for example, as the Legal & General (PMC) 2020-25 Pathway Fund.