How your pension is invested
When you join the pension plan, the contributions that you and M&S make are invested in a lifestyle profile that has been chosen for you. This is called the default investment option.
The default investment option for Your M&S Pension Saving Plan is M&S Multi Asset Lifestyle. The Your investment options guide provides information about the aims and charges of the lifestyle profile.
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.
You can also find further information about your investment options in the Your investment options guide.
If you think you want to make your own investment decisions, visit Investing your savings pot for the things you need to consider.