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L&G PMC Target Date Funds

We recently wrote to you about a change to the way your L&G Stakeholder Pension Plan savings will be invested. We've also updated our terms and conditions to reflect these changes.

Unless you tell us otherwise, all of your pension savings, and any future contributions, will be invested in the new default investment, the L&G PMC Target Date Funds.

Each L&G PMC Target Date Fund targets a different five-year date range, so the specific one you move into is dependent on your chosen retirement age. The default investment is where we invest your pension savings unless you tell us otherwise.

  • You can read the summary of the main changes in the 'What is a Target Date Fund'
  • You can find a copy of the full updated terms and conditions in the 'T&Cs'

This site will help you learn more about how the L&G PMC Target Date Fund works, the investment change that’s being made and what options you have.

We’ve also created a short video about the L&G PMC Target Date Fund: