You can choose to use an Automatic Switching Strategy
The Plan operates 3 Automatic Switching Strategies. Each of the 3 strategies assumes that you will use the money in your Lifestyle Account in a particular way and that you will do so when you reach your 65th birthday.
The name of each strategy indicates the way in which you are expected to use the money in your Lifestyle Account.
The Automatic Switching Strategies are usually most suited to those members who know how they intend to use their Lifestyle Account and when they wish to do so.
To find out more about how they work, please see section 'Automatic Switching Strategies' which is within your Investment Guide
You can set your Target Retirement Age to something other than your 65th birthday and you can do so by completing the Target Retirement Age form
You can invest on a self-select basis
If you would like to make your own investment choices, rather than follow one of the strategies, then you can choose to invest in any of the 10 funds in whatever proportion you choose.
The Investment Guide has more details and the fund factsheets have information on what each of the individual funds are designed to do and how they have performed.
Almost all investment involves a degree of risk. It’s important that you understand and are comfortable with the risks you're taking before making any investment choices.
The tax allowances are set by the government each tax year. Find out what they are and how they could affect you.
Some of the things you should be thinking about when making your own choices.