How your pension is invested

When you join the pension plan, the contributions that you and/or M&S make are invested in either a fund or a lifestyle profile that has been chosen for you. This is called the default investment option.

Although it’s considered a suitable choice for most members, the default investment option doesn’t take into account your personal circumstances or future plans. With this in mind, given that you can make your own investment decisions, it’s worth considering whether it’s currently the most appropriate place for your pension savings to be invested.

For more information on your investments, see the Investment guide.

If you think you want to make your own investment decisions, visit Investment guide - your savings pot for the things you need to consider.

Responsible investing involves considering environmental, social and governance (ESG) issues when making investment decisions and influencing positive change in the companies and assets invested in. Find out how a responsible investing approach is used for pensions on our ESG Hub.