Investment choices
You may have a few options when it comes to investing your money. These may include:
Default investment option
(If available)
If you’d rather not make your own investment choice this option could be for you. The default investment fund may be a single fund or a lifestyle option.
Lifestyle options
(if available)
This option is for members who want to take more or less risk than the default option. There are a range of lifestyles available which target a specific outcome as you get closer to taking your benefits.
Choose your funds
If you’re comfortable choosing your own funds, you can choose up to 20 from the risk rated funds available. This could be a good choice if you’re happy being in charge of your investments and fully understand the risks involved.
As your pension is an investment, the value can go down as well as up and you might get back less than you put in.
More information
Your pension
During your working life, it's important to consider your retirement and the ability to enjoy life when you reach retirement. Saving into your workplace pension could help you do just that.
Your contributions
One of the benefits of your pension scheme is that your contributions are flexible. You can contribute as much as you like into your pension, although the total amount of tax relief you get on your pension savings is limited.
Auto-enrolment
Auto-enrolment is a UK Government initiative aimed at helping more people save for the future through a workplace pension.
Tax efficient
The money you save into your pension comes from your salary. There are different ways to make your contributions and they impact the tax savings you make.
Taking your money
Life isn't always as simple as we'd like it to be. Some things take us by surprise and those surprises can cost money. Your circumstances will change over time and so may the lifestyle you expect to have when you retire.
"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at 5 Central Way, Kildean Business Park, Stirling, FK8 1FT. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company Limited. The Prudential Assurance Company Limited and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc, a company incorporated in the United Kingdom. These companies are not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.