Choosing investment funds Lifestyle Investment Programmes

Size: px
Start display at page:

Download "Choosing investment funds Lifestyle Investment Programmes"

Transcription

1 Choosing investment funds Lifestyle Investment Programmes

2 Contents 1 Introduction Lifestyle investment programmes How do these programmes work? 5 Why the Retirement Protection Fund and the Halifax Fund? 6 Programmes Cautious programme Balanced programme Adventurous programme 12 Investment fund details 16 Important information

3 1 Introduction Lifestyle investment programmes Different people have different attitudes to risk versus rewards when it comes to investing. Your own attitude can sometimes change depending on your age, personal circumstances and many other factors. So, you might find that as you get near to retiring you want to switch your investment into lower risk funds. Pensions are a long-term investment. The retirement benefits you receive from your pension plan will depend on a number of factors including the value of your plan when you decide to take your benefits which isn t guaranteed, and can go down as well as up. The value of your plan could fall below the amount(s) paid in.

4 2 Lifestyle investment programmes Some people will want to handle the switching themselves. The lifestyle programme option could be ideal for those who don t. Why? If you choose this option or if it was chosen for you by trustees of your previous scheme when they set up your plan there will be a series of trigger points when we start monthly switches of some of your units into lower risk funds. So, immediately before your chosen retirement date, all your units are invested in lower risk funds. This helps to protect your plan from the impact of volatile investment markets, but can minimise growth potential. It does not guarantee the value of your plan, which can go up and down, and could fall below the amount(s) paid in. The lifestyle programme option doesn t guarantee the level of pension you can buy nor the cost of buying it. Changes introduced from April 2015 allow you greater flexibility in how you can take benefits from your plan. There are now three ways to use the value of your plan at age 55 or above to provide for your retirement. You could choose one or more of the following Annuity purchase buying one or more annuities to provide a regular and secure income for life. Pension encashment taking part or all of the value of your plan as a cash lump sum of which 25% will be tax-free, with the remainder subject to tax. Flexible access adopting a flexible approach by using a suitable product to keep your pension fund invested and then taking income as it is needed. The lifestyle programmes detailed in this guide are designed to prepare your pension fund for annuity purchase, and may not prepare it appropriately if you don t intend to use it to buy an annuity. Other investment programmes or approaches may suit your needs better and you should speak to your financial adviser for further information. Your adviser may make a charge. There are three* lifestyle programmes to choose from: Adventurous Balanced Cautious So you ll still have the flexibility to match the programme to your attitude to risk even if that attitude has become less risky. And, you can switch into a programme at any time up until two before you retire. *Stakeholder plans only offer the balanced lifestyle programme.

5 3 How do these programmes work? All three programmes start to reduce exposure to equities as you get closer to retirement. The reduction from equity to less risky investments is different for each programme to reflect the different risk profile. The reduction starts ten before retirement and will continue in differing degrees until two from retirement, when all three programmes will have minimal exposure to equities. From the ten year point until retirement, the main aim of all these programmes is to provide some protection against stockmarket movements by investing in the Retirement Protection Fund and the Halifax Fund. The programmes do not guarantee the value of your plan, which can still go up and down, and could fall below the amount(s) paid in.

6 4 How these programmes work The table below shows: the trigger point for each programme the funds that we make the monthly switches of your investment into, and the planned percentage that would be invested. As you can see, with each programme you will always end up with your investment split between the Retirement Protection Fund and the Halifax Fund both lower risk funds. It s just the route there that s different. (The percentage split shown is approximate, and due to movements in the stockmarket, there is no guarantee that this percentage split will be achieved). Trigger point ( to retirement) 75% 25% Adventurous programme 10 or more 5 to 10 2 to 5 Less than 2 UK Growth* Balanced Cautious Retirement Protection International Growth Balanced Cautious Halifax Balanced programme 10 or more 5 to 10 2 to 5 Less than 2 Balanced* Balanced Cautious Retirement Protection UK Growth Balanced Non-Equity Halifax Cautious programme 10 or more 5 to 10 2 to 5 Less than 2 Cautious* Cautious Non-Equity Retirement Protection Balanced Cautious Non-Equity Halifax *These funds are referred to as the destination funds (see page 16).

7 5 Investments Why the Retirement Protection Fund and the Halifax Fund? We invest in the Retirement Protection Fund because the amount of pension you can buy when you retire mainly depends on: the amount of fund value built up, and the annuity rates used by the insurance company you are buying your pension from. Annuity rates go up and down, mainly according to the investment performance of UK gilt-edged stocks and interest rates. By investing in these same UK gilt-edged stocks, the Retirement Protection Fund closely matches the movements of annuity rates, which means any investment in the fund should rise and fall broadly in line with changes in the cost of buying a pension (annuity) in retirement. There is no guarantee of the level of pension you can buy nor the cost of buying it. We invest in the Halifax Fund as it is a deposit-based investment, which is designed to help protect the value of your plan. Remember, you don t have to buy an annuity when you retire other options are available (see page 2 for more details). Please also remember that the value of an investment can go up or down and cannot be guaranteed. The following pages give you more detail about each of the programmes, their aims and how they invest.

8 6 Programmes Cautious programme Initially, investment will be in the Cautious and Balanced Funds. Ten from retirement date the investment mix will progressively be moved to the Cautious Fund. Five from retirement date the investment mix will be progressively moved to the Non-Equity Fund. Two from retirement date the investment mix will be progressively moved to the Retirement Protection and Halifax Funds. The graphs opposite show the progression from funds aiming to provide capital growth to lower risk funds near to retirement. Details of the various funds are shown on pages

9 7 Cautious programme Asset distribution for new contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Cautious programme Asset distribution for existing contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Halifax Cautious Non-Equity Retirement Protection Balanced (The percentage split shown is approximate, and due to movements in the stockmarket, there is no guarantee that this percentage split will be achieved).

10 8 Balanced programme Initially, investment will be made in the Balanced and UK Growth Funds. Ten from retirement date the investment mix will be progressively moved to the Balanced Fund. Five from retirement date the investment mix will be progressively moved to the Cautious and Non-Equity Funds. Two from retirement date the investment mix will be progressively moved to the Retirement Protection and Halifax Funds. The graphs opposite show the progression from funds aiming to provide capital growth to lower risk funds near to retirement. Details of the various funds are shown on pages

11 9 Balanced programme Asset distribution for new contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Balanced programme Asset distribution for existing contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Halifax Cautious Non-Equity Retirement Protection Balanced UK Growth (The percentage split shown is approximate, and due to movements in the stockmarket, there is no guarantee that this percentage split will be achieved).

12 10 Adventurous programme Initially, your contributions will be invested in the UK Growth and International Growth Funds. Ten from retirement date your investment mix will be gradually moved to the Balanced Fund. Five from retirement date your investment mix will be gradually moved to the Cautious Fund. Two from retirement date your investment mix will be gradually moved to the Retirement Protection and Halifax Funds. The graphs opposite show the progression from funds aiming to provide capital growth to lower risk funds near to retirement. Details of the each of these funds are shown on pages

13 11 Adventurous programme Asset distribution for new contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Adventurous programme Asset distribution for existing contributions Asset distribution 100% 80% 60% 40% 20% 0% Term to taking benefits year Date of taking benefits Halifax Cautious International Growth Retirement Protection Balanced UK Growth (The percentage split shown is approximate, and due to movements in the stockmarket, there is no guarantee that this percentage split will be achieved).

14 12 Investment fund details The individual investment funds are unit-linked funds and therefore offer returns directly driven by the performance of stocks, shares and other assets in which they are invested. You should remember that the value of an investment can go up and down as a result of market and currency movements. Your plan value may be less than you invested. Risks The funds that you choose can make a substantial difference to the end result of your investment. And because funds have different risks, the returns are also likely to differ. Each fund invests in different asset classes in differing proportions. A particular fund could be invested in one or more of the following: UK equities Overseas equities Gilts and corporate bonds (also known as fixed interest securities) Index-linked gilts Property Cash The following risks may apply to the funds in this guide. All investments carry some risks and it s important that you understand these before making an investment. For more information, you should speak to your Financial Adviser. Equity risk factor: Investing in company shares (often referred to as equities ) generally has the potential for higher capital growth over the longer term than investing in, say, corporate bonds and other fixed interest securities. However, there might be considerable fluctuations in equity prices and there is a greater risk that the value of the investment will fall. Fixed interest/index-linked securities risk factor: Some funds invest in fixed interest or index-linked securities. These securities might default or their credit rating might fall. The value of those investments will usually fall should an issuer default or receive a reduced credit rating. Fluctuations in interest rates are likely to affect the value of the securities held by the fund. If longterm interest rates rise, the value of the units is likely to fall and vice versa.

15 13 Fixed interest/index-linked single government issuer risk factor: Some funds may invest more than 35% in government or public securities issued by a single issuer. There could be a risk, for example, that they can t repay the amount borrowed. If they don t repay, the value of the fund will fall. High-yield fixed interest securities risk factor: High-yielding fixed interest securities carry an increased risk of default and there is a higher risk that the issuer s credit rating may fall. The value of these investments will usually fall should an issuer default or receive a reduced credit rating, or should the likelihood of these events increase. Overseas risk factor: Exchange rate changes may cause the value of any overseas investment to go up or down. Select portfolio risk factor: Some funds have select portfolios, which hold a limited number of stocks. By investing in a select portfolio there might be greater fluctuations in the value of the units than with a wider portfolio. Emerging markets risk factor: Funds which invest in emerging markets might invest in stockmarkets which are generally less well regulated than those in the UK. This may result in a greater risk that the value of the units might go down. The investments in these markets might also be bought and sold infrequently, therefore resulting in large changes in their prices. Smaller companies risk factor: Some funds invest in smaller companies whose shares tend to be bought and sold less frequently than larger companies. There may be large changes in the prices of their shares and their value could fall by large amounts. The price variations of smaller companies might be greater than those of larger companies. Direct property risk factor: Some funds invest directly in property and land. This can be difficult to sell, so it may not be possible to cash in the investment when you want to. We may have to delay acting on your instructions to sell the investment. The value of property is generally a matter of a valuer s opinion rather than fact and values can go up or down. Property transactions tend to be larger and more complex than for other asset classes. As a result, the proportion of cash held while awaiting suitable investment opportunities could be greater than for other funds.

16 14 Indirect property risk factor: Some funds invest indirectly in property. Property is a less liquid asset than other assets such as fixed interest securities or equities and values could be affected if properties need to be sold in a short timescale. Property valuation is generally a matter of judgement by an independent valuer rather than fact and values can go up or down. Derivatives risk factor: Some funds use derivatives and forward transactions for specific investment purposes, as well as for hedging and other efficient portfolio management purposes. It s not intended that the use of derivatives in this way will cause the fund to have high volatility or otherwise cause its existing risk profile to change. Spreading the risk: Each asset class reacts differently to changes in economic circumstances, and trying to predict short-term moves in investment markets can be very difficult. All investments carry some risk, so the more you spread your risk across different forms of investment, the less vulnerable you are to any specific one performing badly. This might include equities, bonds, property or cash. It s also important that your portfolio reflects the level of risk you want to take. For further details about the investment funds, please see our website: www. clericalmedical.co.uk/funds You should read these details before making any investment decisions.

17 15 Fund Aims The Balanced Fund The Fund aims to achieve long-term capital growth by gaining exposure predominantly to UK and overseas equities, with flexibility to gain a minority exposure to commercial property and fixed interest stocks. The Cautious Fund The Fund aims to achieve long-term capital growth by gaining exposure to UK equities, commercial property and fixed interest stocks. The Fund will normally operate a broadly equal weighting between the equity and nonequity classes with flexibility to move over and underweight positions in any asset class to meet market circumstances. The Adventurous Fund The Fund aims to achieve long-term capital growth by gaining exposure almost exclusively to UK and overseas equities, but with some flexibility to gain a minority exposure to commercial property and fixed interest stocks. Non-Equity Fund The Fund aims to provide a long-term total return by gaining exposure almost exclusively to a range of commercial property, fixed interest and index-linked stocks. International Growth Fund The Fund aims to achieve capital growth in the long term by investing in a diversified global portfolio. UK Growth Fund The Fund aims to achieve long-term capital growth by investing mainly in UK companies. Retirement Protection Fund The fund aims to broadly match the performance of those UK gilt edged stocks which influence market yields for pension annuity rates by investing totally in long-dated stocks. Halifax Fund The fund invests in deposits within the Lloyds Banking Group. The rate of return varies in line with changes in interest rates which, together with the annual management charge, is reflected in the unit price. If interest rates fall below the level of the annual management charge the unit price will fall. The unit price will also fall if the bank holding the deposits becomes insolvent. You should remember that investing in this fund does not give the same security of capital or easy access as a bank or building society account.

18 16 Important information The terms and conditions in this guide are those which applied at the time it was published and could alter in the future. Please note the following: You can only have one programme in place at a time. If you are switching into a programme, you must switch all units from the previous funds (except any that are being used to fund for a guaranteed minimum pension). If you, or the trustees, take out a lifestyle programme part way between trigger points (as shown in the table on page 4), or you change your retirement date within ten of your original retirement date, we will invest all of your units in the destination fund and will not start switching until you reach the next trigger point. If you want to switch out of a lifestyle programme, then you have to switch out all units. The programme will then stop. There is no alternative choice of funds under lifestyle investment programmes. If you have a Clerical Medical Buy-Out Plan, the trustees of your previous scheme may have set up a special lifestyle programme for you, perhaps to reflect the current investment structure of your previous scheme. The funds may be different to those shown in this guide, but the way we make the switches will be the same. The funds will be shown in the illustration we issue with your policy certificate. If you switch out of this special programme, you can t switch back into it in the future, but you can choose one of the standard programmes described in this guide. If you have a Clerical Medical Individual Stakeholder Plan, only the balanced lifestyle investment programme is available. If you do not choose an investment fund then your contributions will automatically be invested in this programme. There may be delays in selling the value of certain types of investments, for example, property. This may delay the payment of benefits, switches and transfers. We can change the range of funds we make available. We don t currently charge for lifestyle investment switches, but may do so in future. We ll tell you of any changes.

19 17 The Impact of lifestyle switching on illustrations In most cases the personal illustration you ve received (and any future personal illustrations) will take account of your selected lifestyle investment programme and the future investment movements into lower-risk assets. However, in some instances, the personal illustration is based on the current investment split continuing until you retire and will not take account of the movement into lower-risk assets. We will make it clear when the personal illustration is calculated on this basis. For these personal illustrations you need to be aware that the final value will typically be lower than illustrated as a result of switching but should be less affected by market conditions close to your retirement date. The exact effect of the switching depends on a number of factors including the current size of your pension fund, the level of future contributions and the period remaining until your retirement. For example, if your personal illustration projects a final fund value of 100,000 in today s terms, allowing for the impact of lifestyle switching could reduce the illustrated final fund value to: Programme Time to retirement More than 5 Between 2 5 Less than 2 Adventurous 90,600 96,000 98,000 Balanced 94,100 97,800 98,700 Cautious 96,800 99,300 99,700 (The figures above are shown in today s terms. This means we have allowed for price inflation to give you an indication of how much the final fund value might be). In many cases the reduction in illustrated value could be less than this. The reduction would be in the same proportion for different illustrated values. Bear in mind that the original illustrated value will generally be higher if you have chosen the Balanced Programme than if you have chosen the Cautious Programme, and higher again if you have chosen the Adventurous Programme.

20 Clerical Medical is a trading name of Scottish Widows Limited. Scottish Widows Limited is registered in England and Wales No Registered office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number X1678/0817

LIFESTYLE SWITCHING YOUR GUIDE

LIFESTYLE SWITCHING YOUR GUIDE LIFESTYLE SWITCHING YOUR GUIDE WHAT IS IT? LIFESTYLE SWITCHING INVOLVES SWITCHING FROM EXISTING FUNDS AND MAKING FUTURE PAYMENTS TO A DIFFERENT FUND OR FUNDS WITHIN YOUR PENSION PLAN AT PRESET TIMES PRIOR

More information

RETIREMENT ACCOUNT GOVERNED INVESTMENT STRATEGIES. Client Guide

RETIREMENT ACCOUNT GOVERNED INVESTMENT STRATEGIES. Client Guide RETIREMENT ACCOUNT GOVERNED INVESTMENT STRATEGIES Client Guide CHOOSING SCOTTISH WIDOWS RETIREMENT ACCOUNT OUR RETIREMENT ACCOUNT OFFERS YOU: FLEXIBILITY Retirement Account can hold both pre (Retirement

More information

Choosing investment funds. 1of24

Choosing investment funds. 1of24 Choosing investment funds 1of24 2of24 Contributions paid into a pension plan are used to buy units in one or more of Clerical Medical s investment funds. The amount of pension eventually received will

More information

Investor s Guide Clerical Medical Group Pension Funds

Investor s Guide Clerical Medical Group Pension Funds Investor s Guide Clerical Medical Group Pension Funds Contents Introduction Clerical Medical lifestyle investment programmes Clerical Medical unit-linked group pension funds: Funds managed by a subsidiary

More information

PENSION INVESTMENT APPROACHES GUIDE

PENSION INVESTMENT APPROACHES GUIDE PENSION INVESTMENT APPROACHES GUIDE OUR COMMITMENT TO YOU We want to do everything we can to help you achieve what you need from your plan. Aiming for investment growth is vital, but we believe we have

More information

SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS

SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS BUILD ON OUR WELL-ESTABLISHED PENSION PORTFOLIO FUNDS. THEY AIM FOR BETTER POTENTIAL RETURNS FOR BROADLY

More information

RETIREMENT ACCOUNT FUND SUPERMARKET INVESTOR S GUIDE

RETIREMENT ACCOUNT FUND SUPERMARKET INVESTOR S GUIDE RETIREMENT ACCOUNT FUND SUPERMARKET INVESTOR S GUIDE USING OUR FUND SUPERMARKET, YOU CAN INVEST IN A RANGE OF MANAGED COLLECTIVE INVESTMENT FUNDS, INCLUDING OPEN ENDED INVESTMENT COMPANIES (OEICS) AND

More information

ADDITIONAL VOLUNTARY CONTRIBUTIONS. Putting the personal touch into Corporate Pensions

ADDITIONAL VOLUNTARY CONTRIBUTIONS. Putting the personal touch into Corporate Pensions LOCAL AUTHORITY EMPLOYEE PACK ADDITIONAL VOLUNTARY CONTRIBUTIONS Putting the personal touch into Corporate Pensions Your Worcestershire County Council company pension is provided by. ADDITIONAL VOLUNTARY

More information

Investment Guide for Members

Investment Guide for Members BRITISH AMERICAN TOBACCOUK PENSION FUND Investment Guide for Members This guide is for members who are: in the Defined Contribution Scheme; in the Defined Benefit section of the Fund and pay additional

More information

SW WEALTH FUNDS AVAILABLE THROUGH THE INVESTMENT PORTFOLIO BOND AND THE RETIREMENT ACCOUNT

SW WEALTH FUNDS AVAILABLE THROUGH THE INVESTMENT PORTFOLIO BOND AND THE RETIREMENT ACCOUNT SW WEALTH FUNDS AVAILABLE THROUGH THE INVESTMENT PORTFOLIO BOND AND THE RETIREMENT ACCOUNT SW s PAGE 2 WHY INVEST IN THE SW WEALTH FUNDS? PAGE 3 THE STRUCTURE OF THE SW WEALTH FUNDS PAGE 4 ASSET TYPES

More information

Income Drawdown Plan (Pre 75) Member s explanatory guide

Income Drawdown Plan (Pre 75) Member s explanatory guide Income Drawdown Plan (Pre 75) Member s explanatory guide Contents Introduction General information About your plan Eligibility Transferring your pension funds into your plan If you have not yet designated

More information

Investor s Guide Clerical Medical Pension Funds

Investor s Guide Clerical Medical Pension Funds Investor s Guide Clerical Medical Pension Funds Contents Introduction 1 Clerical Medical funds managed by Aberdeen Standard Investments 2 Clerical Medical funds managed by other fund managers 3 Pension

More information

THE TAYLOR WIMPEY PERSONAL CHOICE PLAN PENSION INVESTOR S GUIDE. Your Taylor Wimpey company pension is provided by Scottish Widows.

THE TAYLOR WIMPEY PERSONAL CHOICE PLAN PENSION INVESTOR S GUIDE. Your Taylor Wimpey company pension is provided by Scottish Widows. THE TAYLOR WIMPEY PERSONAL CHOICE PLAN PENSION INVESTOR S GUIDE Your Taylor Wimpey company pension is provided by. PAGE 1 INTRODUCTION PAGE 3 SECTION 1 PENSION INVESTMENT APPROACHES PAGE 19 SECTION 2 SCOTTISH

More information

KEY FEATURES OF THE STAKEHOLDER PENSION PLAN. Important information you need to read

KEY FEATURES OF THE STAKEHOLDER PENSION PLAN. Important information you need to read KEY FEATURES OF THE STAKEHOLDER PENSION PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS

More information

KEY FEATURES OF THE PERSONAL INVESTMENT PLAN. (for additional payments to plans taken out from 28th June 2010) Important information you need to read

KEY FEATURES OF THE PERSONAL INVESTMENT PLAN. (for additional payments to plans taken out from 28th June 2010) Important information you need to read KEY FEATURES OF THE PERSONAL INVESTMENT PLAN (for additional payments to plans taken out from 28th June 2010) Important information you need to read IMPORTANT INFORMATION THE PERSONAL INVESTMENT PLAN IS

More information

SCOTTISH WIDOWS GROUP PERSONAL PENSION/ GROUP STAKEHOLDER PENSION EXAMPLE ILLUSTRATIONS TRANSFERS

SCOTTISH WIDOWS GROUP PERSONAL PENSION/ GROUP STAKEHOLDER PENSION EXAMPLE ILLUSTRATIONS TRANSFERS SCOTTISH WIDOWS GROUP PERSONAL PENSION/ GROUP STAKEHOLDER PENSION EXAMPLE ILLUSTRATIONS TRANSFERS THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO

More information

Key Features of the Personal Investment Plan. Additional payments to plans set up before 28th June Important information you need to read.

Key Features of the Personal Investment Plan. Additional payments to plans set up before 28th June Important information you need to read. Key Features of the Personal Investment Plan Additional payments to plans set up before 28th June 2010. Important information you need to read. Important information The Personal Investment Plan is provided

More information

GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want. Prepared for Grant Thornton partners

GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want. Prepared for Grant Thornton partners THE GRANT THORNTON UK LLP GROUP PERSONAL PENSION PLAN GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Prepared for Grant Thornton partners Your Grant Thornton company pension

More information

GROUP STAKEHOLDER PENSION. A guide to help you prepare for the retirement you want

GROUP STAKEHOLDER PENSION. A guide to help you prepare for the retirement you want YOUR COMPANY PENSION GROUP STAKEHOLDER PENSION A guide to help you prepare for the retirement you want Your Sanctuary Group company pension is provided by Scottish Widows. SUPPORTING LITERATURE AND TOOLS

More information

Group Personal Pension Plan/Group Stakeholder Pension Plan Example Illustrations

Group Personal Pension Plan/Group Stakeholder Pension Plan Example Illustrations Group Personal Pension Plan/Group Stakeholder Pension Plan Example Illustrations The Financial Conduct Authority is a financial services regulator. It requires us, Clerical Medical, to give you this important

More information

THE ARMED FORCES STAKEHOLDER PENSION SCHEME A GUIDE TO HELP YOU PREPARE FOR THE RETIREMENT YOU WANT

THE ARMED FORCES STAKEHOLDER PENSION SCHEME A GUIDE TO HELP YOU PREPARE FOR THE RETIREMENT YOU WANT THE ARMED FORCES STAKEHOLDER PENSION SCHEME A GUIDE TO HELP YOU PREPARE FOR THE RETIREMENT YOU WANT The Official Armed Forces pension scheme is provided by Scottish Widows. SUPPORTING LITERATURE AND TOOLS

More information

YOUR COMPANY PENSION GROUP STAKEHOLDER PENSION. A guide to help you prepare for the retirement you want

YOUR COMPANY PENSION GROUP STAKEHOLDER PENSION. A guide to help you prepare for the retirement you want YOUR COMPANY PENSION GROUP STAKEHOLDER PENSION A guide to help you prepare for the retirement you want WELCOME TO YOUR SCOTTISH WIDOWS WORKPLACE PENSION Everyone needs a plan for their retirement. This

More information

YOUR COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want

YOUR COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want YOUR COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Group Personal Pension SUPPORTING LITERATURE AND TOOLS TO HELP YOU MAKE DECISIONS ABOUT YOUR COMPANY

More information

KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT PLANNING. Important information you need to read

KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT PLANNING. Important information you need to read KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT PLANNING Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS,

More information

YOUR COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want

YOUR COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want YOUR COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want WELCOME TO YOUR SCOTTISH WIDOWS WORKPLACE PENSION Everyone needs a plan for their retirement. This guide

More information

With-profits summary. 1. Introduction. Aims of this summary

With-profits summary. 1. Introduction. Aims of this summary With-profits summary On 31 December 2015 business from other insurance company subsidiaries of Lloyds Banking Group was transferred into Clerical Medical Investment Group Limited, which contains the Clerical

More information

SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT. Information on the Regular Withdrawal Facility

SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT. Information on the Regular Withdrawal Facility DIVERSIFIED PORTFOLIO FUND SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT Information on the Regular Withdrawal Facility Terms and Conditions of the Regular Withdrawal Facility and the Scottish Widows Individual

More information

COMBINE YOUR PENSIONS

COMBINE YOUR PENSIONS COMBINE YOUR PENSIONS PAGE 1 INTRODUCTION PAGE 2 WHY COMBINE MY PENSIONS WITH SCOTTISH WIDOWS? PAGE 3 ARE THERE ANY PENSIONS THAT CAN T BE COMBINED? PAGE 4 THINGS TO CONSIDER PAGE 8 USE ILLUSTRATIONS PAGE

More information

Key features of the Distribution Bond

Key features of the Distribution Bond Key features of the Distribution Bond The Distribution Bond is open for additional investments into existing policies only, and is not open to new business. The Financial Conduct Authority is a financial

More information

Guidance on your fund choices

Guidance on your fund choices October 2016 Guidance on your fund choices WPP Pension and Savings Plan Start Introduction Your investment choices The WPP Mercer Target Drawdown Retirement (the default Mercer Smartpath) The other Mercer

More information

Key Features of the Stakeholder Pension Plan

Key Features of the Stakeholder Pension Plan INVESTMENTS Key Features of the Stakeholder Pension Plan For plans started after 24th July 2005 Provided by Halifax Financial Services (Halifax) This Key Features document explains the main points of your

More information

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES AND DETAILS OF HOW TO SWITCH FUNDS ONLINE

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES AND DETAILS OF HOW TO SWITCH FUNDS ONLINE HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES AND DETAILS OF HOW TO SWITCH FUNDS ONLINE PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS PAGE 1 ONLINE MEMBER SERVICES

More information

KEY FEATURES OF THE ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN. Important information you need to read

KEY FEATURES OF THE ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN. Important information you need to read KEY FEATURES OF THE ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS,

More information

TRUSTEE BUYOUT PLAN APPLICATION FORM

TRUSTEE BUYOUT PLAN APPLICATION FORM TRUSTEE BUYOUT PLAN APPLICATION FORM Important Note Before completing this application, please note that we cannot accept transfers from the following; Any transfer from Defined Benefits schemes Any transfer

More information

Adviser s guide Income Drawdown Plan (Pre 75)

Adviser s guide Income Drawdown Plan (Pre 75) For financial adviser use only Adviser s guide Income Drawdown Plan (Pre 75) This information is for UK Financial Adviser use only and should not be distributed to or relied upon by any other person. Product

More information

STATE STREET UK GROUP PERSONAL PENSION SCHEME A guide to help you prepare for the retirement you want

STATE STREET UK GROUP PERSONAL PENSION SCHEME A guide to help you prepare for the retirement you want STATE STREET UK GROUP PERSONAL PENSION SCHEME A guide to help you prepare for the retirement you want SUPPORTING LITERATURE AND TOOLS TO HELP YOU MAKE DECISIONS ABOUT YOUR COMPANY PENSION LITERATURE Key

More information

Managed Annuity Lifestyle Profile

Managed Annuity Lifestyle Profile Managed Annuity Lifestyle Profile Our Managed Annuity Lifestyle Profile is designed for customers who plan to take their full tax-free lump sum and buy a fixed annuity with the rest of their pension savings

More information

SCOTTISH WIDOWS GROUP PERSONAL PENSION PLAN EXAMPLE ILLUSTRATIONS

SCOTTISH WIDOWS GROUP PERSONAL PENSION PLAN EXAMPLE ILLUSTRATIONS SCOTTISH WIDOWS GROUP PERSONAL PENSION PLAN EXAMPLE ILLUSTRATIONS THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS IMPORTANT INFORMATION

More information

Fund Aims and Facts PAGE 4 STAKEHOLDER FUNDS PAGE 6 EXECUTIVE PENSION PLAN FUNDS PAGE 8 PERSONAL PENSION PLAN FUNDS

Fund Aims and Facts PAGE 4 STAKEHOLDER FUNDS PAGE 6 EXECUTIVE PENSION PLAN FUNDS PAGE 8 PERSONAL PENSION PLAN FUNDS FUND AIMS AND FACTS THIS BOOKLET SHOWS A SELECTION OF SCOTTISH WIDOWS FUNDS AVAILABLE TO LLOYDS BANK CUSTOMERS. IT DOES NOT REPRESENT THE FULL RANGE OF SCOTTISH WIDOWS FUNDS OR PRODUCTS AVAILABLE. SCOTTISH

More information

PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services

PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS For plans opened since 28th June 2010 provided by Halifax Financial Services PAGE 1 INTRODUCTION PAGE 2 THINGS TO THINK ABOUT PAGE 3 CHARGEABLE

More information

THE NTT EUROPE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want

THE NTT EUROPE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want THE NTT EUROPE COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Your NTT Europe company pension is provided by Scottish Widows. SUPPORTING LITERATURE AND TOOLS

More information

Investor s Guide Clerical Medical Group Pension Funds

Investor s Guide Clerical Medical Group Pension Funds Investor s Guide Clerical Medical Group Pension Funds Contents Introduction 1 Clerical Medical lifestyle investment programmes 2 Clerical Medical internally managed unit-linked group pension funds 9 Clerical

More information

OFFSETTING PROVIDED BY SCOTTISH WIDOWS BANK

OFFSETTING PROVIDED BY SCOTTISH WIDOWS BANK OFFSETTING PROVIDED BY SCOTTISH WIDOWS BANK HOW OFFSET WORKS The way our offset mortgage facility works is simple. A savings account (called an Offset Saver Account) has now been set up alongside your

More information

THE MARIE CURIE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want

THE MARIE CURIE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want THE MARIE CURIE COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Your Marie Curie company pension is provided by Scottish Widows. INTRODUCING ZAPPAR Welcome

More information

PERSONAL PENSION (TOP UP PLAN) APPLICATION TO INCREASE CONTRIBUTIONS FOR OFFICE USE ONLY. Agency Number

PERSONAL PENSION (TOP UP PLAN) APPLICATION TO INCREASE CONTRIBUTIONS FOR OFFICE USE ONLY. Agency Number PERSONAL PENSION (TOP UP PLAN) APPLICATION TO INCREASE CONTRIBUTIONS Agency Number FOR OFFICE USE ONLY Arranged by: Application to increase contributions Did your adviser give you advice in respect of

More information

KEY FEATURES OF THE GROUP MONEY PURCHASE SCHEME. Important information you need to read

KEY FEATURES OF THE GROUP MONEY PURCHASE SCHEME. Important information you need to read KEY FEATURES OF THE GROUP MONEY PURCHASE SCHEME Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS

More information

INVESTMENT BOND ADDITIONAL INFORMATION DOCUMENT

INVESTMENT BOND ADDITIONAL INFORMATION DOCUMENT INVESTMENT BOND ADDITIONAL INFORMATION DOCUMENT YOU SHOULD READ THIS ADDITIONAL INFORMATION DOCUMENT ALONGSIDE THE KEY INFORMATION DOCUMENT (KID) FOR THE FUND(S) YOU CHOOSE TO INVEST IN, AND ANY PERSONALISED

More information

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS PAGE 1 4 REASONS TO MAKE THE MOST OF SCOTTISH WIDOWS MEMBER SERVICES

More information

RETIREMENT ACCOUNT YOUR GUIDE. Supporting you to and through retirement

RETIREMENT ACCOUNT YOUR GUIDE. Supporting you to and through retirement RETIREMENT ACCOUNT YOUR GUIDE Supporting you to and through retirement PAGE 3 CHOOSING SCOTTISH WIDOWS PAGE 4 CHOOSING RETIREMENT ACCOUNT PAGE 5 OVERVIEW RETIREMENT ACCOUNT AND FEATURES PAGE 6 WHAT MAKES

More information

KEY FEATURES OF THE CIVIL SERVICE ADDITIONAL VOLUNTARY CONTRIBUTIONS (CSAVC) PLAN. Important information you need to read

KEY FEATURES OF THE CIVIL SERVICE ADDITIONAL VOLUNTARY CONTRIBUTIONS (CSAVC) PLAN. Important information you need to read KEY FEATURES OF THE CIVIL SERVICE ADDITIONAL VOLUNTARY CONTRIBUTIONS (CSAVC) PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US,

More information

PENSION ENCASHMENTS AND SMALL POTS ADVISED NON-GMP CASES

PENSION ENCASHMENTS AND SMALL POTS ADVISED NON-GMP CASES PENSION ENCASHMENTS AND SMALL POTS ADVISED NON-GMP CASES IMPORTANT INFORMATION Please read this section carefully before completing this application form. This form can only be used where you are taking

More information

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES

HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES HOW TO MANAGE YOUR PENSION ONLINE ALL YOU NEED TO KNOW ABOUT ONLINE MEMBER SERVICES PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS PAGE 1 4 REASONS TO MAKE THE MOST OF SCOTTISH WIDOWS MEMBER SERVICES

More information

Key Features of With-Profits Bond

Key Features of With-Profits Bond Key Features of With-Profits Bond The Financial Conduct Authority is a financial services regulator. It requires us, Clerical Medical, to give you this important information to help you decide whether

More information

Key Features. of the Scottish Widows Stakeholder Pension Plan. Important information you need to read

Key Features. of the Scottish Widows Stakeholder Pension Plan. Important information you need to read Key Features of the Scottish Widows Stakeholder Pension Plan Important information you need to read These Key Features give you the main points about our Stakeholder Pension Plan. They include an illustration

More information

OEIC AND ISA FUNDS (SHARE CLASSES G & P) SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT

OEIC AND ISA FUNDS (SHARE CLASSES G & P) SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT (SHARE CLASSES G & P) SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT Incorporating the Terms and Conditions for the Scottish Widows Individual Savings Account (ISA) Important information you need to read

More information

Description of lifestyle profiles

Description of lifestyle profiles Description of lifestyle profiles Standard Life Global Equity (50:50) Active Lifestyle Profiles Lifestyle profiles are designed for customers investing for retirement. The funds used within lifestyle profiles

More information

KEY FEATURES OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN (WHICH IS A SCOTTISH WIDOWS GROUP STAKEHOLDER PENSION PLAN)

KEY FEATURES OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN (WHICH IS A SCOTTISH WIDOWS GROUP STAKEHOLDER PENSION PLAN) KEY FEATURES OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN (WHICH IS A SCOTTISH WIDOWS GROUP STAKEHOLDER PENSION PLAN) Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL

More information

Active Plus III Universal Strategic Lifestyle Profile

Active Plus III Universal Strategic Lifestyle Profile Active Plus III Universal Strategic Lifestyle Profile The Active Plus III Universal Strategic Lifestyle Profile (SLP) has been chosen as the low-involvement option for your pension plan. It s considered

More information

KEY FEATURES OF THE INVESTMENT BOND FOR INCREMENTS TO POLICIES TAKEN OUT ON OR AFTER 6TH DECEMBER Important information you need to read

KEY FEATURES OF THE INVESTMENT BOND FOR INCREMENTS TO POLICIES TAKEN OUT ON OR AFTER 6TH DECEMBER Important information you need to read KEY FEATURES OF THE INVESTMENT BOND FOR INCREMENTS TO POLICIES TAKEN OUT ON OR AFTER 6TH DECEMBER 2010 Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR.

More information

KEY FEATURES OF THE GROUP PERSONAL PENSION PLAN. Important information you need to read

KEY FEATURES OF THE GROUP PERSONAL PENSION PLAN. Important information you need to read KEY FEATURES OF THE GROUP PERSONAL PENSION PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS

More information

Investment Guide December 2015

Investment Guide December 2015 Investment Guide December 2015 For members of the Hewlett Packard Enterprise Investment Scheme Your investment guide This guide is for members of the Hewlett Packard Enterprise Investment Scheme (the Scheme)

More information

PENSION VERSUS ISA FOR RETIREMENT

PENSION VERSUS ISA FOR RETIREMENT RETIREMENT ACCOUNT PENSION VERSUS ISA FOR RETIREMENT This information is for UK Financial Adviser use only and should not be distributed to or relied upon by any other person. PENSIONS AND INCOME DRAWDOWN

More information

Lloyd s Register Superannuation Fund Association Defined Contribution Section. Investment guide for members

Lloyd s Register Superannuation Fund Association Defined Contribution Section. Investment guide for members Lloyd s Register Superannuation Fund Association Defined Contribution Section Investment guide for members This document is a guide to the scheme as at December 2014. Contents Introduction page 4 Understanding

More information

Report to Clerical Medical UK With-Profits Policyholders. Report on Principles and Practices of Financial Management (PPFM) for 2017

Report to Clerical Medical UK With-Profits Policyholders. Report on Principles and Practices of Financial Management (PPFM) for 2017 Report to Clerical Medical UK With-Profits Policyholders Report on Principles and Practices of Financial Management (PPFM) for 2017 Report on Principles and Practices of Financial Management (PPFM) for

More information

THE AURUM COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want

THE AURUM COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want THE AURUM COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Your AURUM company pension is provided by Scottish Widows. SUPPORTING LITERATURE AND TOOLS TO HELP

More information

The Investor s Guide gives information on the funds available through our Stakeholder pension. We offer a wide range of funds to suit your changing

The Investor s Guide gives information on the funds available through our Stakeholder pension. We offer a wide range of funds to suit your changing Investor s Guide The Investor s Guide gives information on the funds available through our Stakeholder pension. We offer a wide range of funds to suit your changing lifestyle, to help you to ensure your

More information

Key Features of the Scottish Widows range of Individual Savings Accounts (ISAs)

Key Features of the Scottish Widows range of Individual Savings Accounts (ISAs) Investments Key Features of the Scottish Widows range of Individual Savings Accounts (ISAs) ISAs These Key Features give you the main points about our range of Individual Savings Accounts (ISAs).These

More information

YOUR GUIDE TO RETIREMENT SAVINGS

YOUR GUIDE TO RETIREMENT SAVINGS YOUR GUIDE TO RETIREMENT SAVINGS CONTENTS PAGE 3 WHAT IS THE SCOTTISH WIDOWS RETIREMENT SAVER (THE PLAN)? PAGE 4 CAN I RELY ON THE STATE ALONE? WHAT ARE MY ALTERNATIVES? PAGE 5 HOW DO I JOIN? WHAT ARE

More information

What are our lifestyle options and how do they work?

What are our lifestyle options and how do they work? What are our lifestyle options and how do they work? A lifestyle option is an investment option that is basically made up of two phases. The first (or growth ) phase aims to grow members pension savings

More information

INVESTING FOR YOUR RETIREMENT. The choice is yours

INVESTING FOR YOUR RETIREMENT. The choice is yours INVESTING FOR YOUR RETIREMENT The choice is yours 2 Supporting your journey. Thinking about your retirement isn t always easy, as it can feel far away. But knowing which way you re heading can give you

More information

Royal Ordnance Pension Scheme. Your investment choices

Royal Ordnance Pension Scheme. Your investment choices Royal Ordnance Pension Scheme Your investment choices Contents 02 Important information you should read 05 Guidance notes 08 Where you can invest your money 09 Lifestyle Profiles 13 Core fund range This

More information

CIVIL SERVICE PENSION ACCOUNT STAKEHOLDER PARTNERSHIP APPLICATION FORM. for Civil Servants of Great Britain and Northern Ireland

CIVIL SERVICE PENSION ACCOUNT STAKEHOLDER PARTNERSHIP APPLICATION FORM. for Civil Servants of Great Britain and Northern Ireland CIVIL SERVICE STAKEHOLDER PARTNERSHIP PENSION ACCOUNT APPLICATION FORM for Civil Servants of Great Britain and Northern Ireland Office use only: Agency Number: Policy Number: It couldn t be easier to apply

More information

Creative Pension Trust. Understanding how your pension is invested. Investment Guide

Creative Pension Trust. Understanding how your pension is invested. Investment Guide Creative Pension Trust Understanding how your pension is invested Investment Guide INTRODUCTION The Creative Pension Trust ( the Scheme ) is an occupational money purchase pension scheme. It operates as

More information

YOUR GUIDE TO OUR FUNDS NFU MUTUAL FUND GUIDE

YOUR GUIDE TO OUR FUNDS NFU MUTUAL FUND GUIDE YOUR GUIDE TO OUR FUNDS NFU MUTUAL FUND GUIDE YOUR GUIDE TO OUR FUNDS This guide is intended to introduce you to our funds and help you decide which ones may be suitable for you to invest in. We don t

More information

PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services

PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS For plans opened since 28th June 2010 provided by Halifax Financial Services PAGE 1 INTRODUCTION PAGE 2 THINGS TO THINK ABOUT PAGE 3 CHARGEABLE

More information

INDIVIDUAL STAKEHOLDER PENSION PLAN TRANSFER APPLICATION FORM FOR OFFICE USE ONLY. Campaign Code. Agency Code

INDIVIDUAL STAKEHOLDER PENSION PLAN TRANSFER APPLICATION FORM FOR OFFICE USE ONLY. Campaign Code. Agency Code INDIVIDUAL STAKEHOLDER PENSION PLAN TRANSFER APPLICATION FORM Campaign Code FOR OFFICE USE ONLY Agency Code IMPORTANT INFORMATION Warning: You must not make false statements when filling in this application;

More information

SHOPPING AROUND YOU SHOP AROUND FOR YOUR INSURANCE, WHY NOT YOUR INCOME IN RETIREMENT?

SHOPPING AROUND YOU SHOP AROUND FOR YOUR INSURANCE, WHY NOT YOUR INCOME IN RETIREMENT? SHOPPING AROUND YOU SHOP AROUND FOR YOUR INSURANCE, WHY NOT YOUR INCOME IN RETIREMENT? WHAT DOES SHOPPING AROUND MEAN? The money you ve saved in your pension, or pension pot, is intended to help support

More information

FUND INFORMATION DOCUMENT. e-investments Managed Growth Fund 6

FUND INFORMATION DOCUMENT. e-investments Managed Growth Fund 6 FUND INFORMATION DOCUMENT e-investments Managed Growth Fund 6 Fund information document Managed Growth Fund 6 Why is it important to read this document? This is a non-advised service which means we ll

More information

Traditional lifestyle profiles

Traditional lifestyle profiles Traditional lifestyle profiles Pension plan investments require regular updating to make sure that they continue to meet your changing needs. s traditional lifestyle profiles allow you to pick an investment

More information

LOOKING AFTER YOUR INVESTMENT PORTFOLIO BOND

LOOKING AFTER YOUR INVESTMENT PORTFOLIO BOND INVESTMENT PORTFOLIO BOND LOOKING AFTER YOUR INVESTMENT PORTFOLIO BOND In choosing our Investment Portfolio Bond you have made a large financial commitment. This booklet contains important information

More information

KEY FEATURES OF THE LOCAL AUTHORITY ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN. Important information you need to read

KEY FEATURES OF THE LOCAL AUTHORITY ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN. Important information you need to read KEY FEATURES OF THE LOCAL AUTHORITY ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US,

More information

Equitable Investment Funds

Equitable Investment Funds The Equitable Life Assurance Society Equitable Investment Funds IMPORTANT: PLEASE READ CAREFULLY If there is anything which you do not understand, or if you would like more information about any aspect,

More information

KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT INCOME. Important information you need to read

KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT INCOME. Important information you need to read KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT INCOME Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS AN INDEPENDENT FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH

More information

WELCOME TO THE AIRBUS GROUP UK PENSION SCHEME

WELCOME TO THE AIRBUS GROUP UK PENSION SCHEME WELCOME TO THE AIRBUS GROUP UK PENSION SCHEME Investment guide The is an important part of your reward package. This guide aims to help you choose the funds in which to invest your personal Retirement

More information

LOOKING FOR INVESTMENT OPTIONS? Our Select Fund Range. Investments

LOOKING FOR INVESTMENT OPTIONS? Our Select Fund Range. Investments LOOKING FOR INVESTMENT OPTIONS? Investments Our Select Fund Range CONTENTS Your default investment choice 3 Fund range 5 range 10 Risk category 11 Useful definitions 16 2 YOUR DEFAULT INVESTMENT CHOICE

More information

PENSIONS Lafarge UK Pension Plan PensionBuilder plus CONTENTS 1

PENSIONS Lafarge UK Pension Plan PensionBuilder plus CONTENTS 1 PENSIONS Lafarge UK Pension Plan PensionBuilderplus PensionsINVESTMENTS A guide to investing your personal investment account and AVCs January 2017 CONTENTS 1 Contents INTRODUCTION JARGON-BUSTER INVESTMENTS

More information

INVESTING WITH CONFIDENCE AN INVESTOR GUIDE

INVESTING WITH CONFIDENCE AN INVESTOR GUIDE INVESTING WITH CONFIDENCE AN INVESTOR GUIDE INVESTING WITH CONFIDENCE 1 I WANT TO MAKE THE RIGHT INVESTMENT CHOICES We will guide you through the whole investment process, helping you to think through

More information

GROUP MONEY PURCHASE SCHEME MEMBER BOOKLET PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS

GROUP MONEY PURCHASE SCHEME MEMBER BOOKLET PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS GROUP MONEY PURCHASE SCHEME MEMBER BOOKLET PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS ABOUT SCOTTISH WIDOWS Scottish Widows has been looking after the financial well-being of people from all walks

More information

DSV UK GROUP PENSION SCHEME Your Guide to Making Investment Decisions October 2015

DSV UK GROUP PENSION SCHEME Your Guide to Making Investment Decisions October 2015 DSV UK GROUP PENSION SCHEME Your Guide to Making Investment Decisions October 2015 Issued on behalf of DSV Pension Trustees Limited (Trustee of the DSV UK Group Pension Scheme) DSV UK GROUP PENSION SCHEME

More information

GROUP PERSONAL PENSION APPLICATION FORM. Member

GROUP PERSONAL PENSION APPLICATION FORM. Member GROUP PERSONAL PENSION APPLICATION FORM Member Policy number: (Internal use only) This form is for individuals who wish to apply for a Group Personal Pension plan. Please read the Key Features and product

More information

A PROFILE OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN IN PARTNERSHIP WITH SCOTTISH WIDOWS. The Taylor Wimpey Personal Choice Plan

A PROFILE OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN IN PARTNERSHIP WITH SCOTTISH WIDOWS. The Taylor Wimpey Personal Choice Plan A PROFILE OF THE TAYLOR WIMPEY PERSONAL CHOICE PLAN IN PARTNERSHIP WITH SCOTTISH WIDOWS The Taylor Wimpey Personal Choice Plan Your Taylor Wimpey company pension is provided by Scottish Widows. INTRODUCTION

More information

SMALL SELF-ADMINISTERED SCHEME MEMBER S BOOKLET

SMALL SELF-ADMINISTERED SCHEME MEMBER S BOOKLET SMALL SELF-ADMINISTERED SCHEME MEMBER S BOOKLET Need a pension scheme that gives you more choice? Then choose a pension scheme with wider investment power CHOOSING HOW BEST TO INVEST FOR YOUR RETIREMENT

More information

1. Background Introduction

1. Background Introduction 1. Background Introduction February 2019 This guide gives you an overview of the points you should consider before you decide how you should invest your AVC contributions. There is a range of funds in

More information

How contributions are invested

How contributions are invested How contributions are invested This guide explains how contributions will be invested. Please read it alongside the Key features document. This guide was produced in September 2017. Contents Where are

More information

GOVERNANCE REVIEW 2017 FULL REPORT

GOVERNANCE REVIEW 2017 FULL REPORT GOVERNED INVESTMENT STRATEGIES (GIS) GOVERNANCE REVIEW 2017 FULL REPORT This information is for UK financial adviser use only and should not be distributed to or relied upon by any other person. As part

More information

RETIREMENT ACCOUNT ADDITIONAL POLICY PROVISIONS FOR RETIREMENT INCOME RARI (2016)

RETIREMENT ACCOUNT ADDITIONAL POLICY PROVISIONS FOR RETIREMENT INCOME RARI (2016) RETIREMENT ACCOUNT ADDITIONAL POLICY PROVISIONS FOR RETIREMENT INCOME RARI (2016) INTRODUCTION This booklet provides additional details for those wishing to take Retirement Income Benefits through a Scottish

More information

SCOTTISH WIDOWS PREMIER PENSION INVESTMENT APPROACHES CONCEPT AND DESIGN

SCOTTISH WIDOWS PREMIER PENSION INVESTMENT APPROACHES CONCEPT AND DESIGN SCOTTISH WIDOWS PREMIER PENSION INVESTMENT APPROACHES CONCEPT AND DESIGN INTRODUCTION BUILDING ON THE SCOTTISH WIDOWS PENSION INVESTMENT APPROACHES, THE PREMIER PENSION INVESTMENT APPROACHES AIM TO OFFER

More information

An introduction to investing your retirement savings The Trust Investment Guide

An introduction to investing your retirement savings The Trust Investment Guide An introduction to investing your retirement savings The Trust Investment Guide Investing in your future The aim of this guide is to help you understand a little more about investing your retirement savings,

More information

BASF UK Group Pension Scheme. Your member guide. investing to build. your pension. January 2014

BASF UK Group Pension Scheme. Your member guide. investing to build. your pension. January 2014 Booklet 3 BASF UK Group Pension Scheme Your member guide investing to build your pension January 2014 Inside this guide Investing your DC Account 3 How investments work Types of investments 4 Risk 6 What

More information

The Pathway Funds. To and through retirement. The Pathway Funds

The Pathway Funds. To and through retirement. The Pathway Funds The Pathway Funds To and through retirement The Pathway Funds are target date funds which allow you to match your investment strategy to a target date range. This will normally include the date at which

More information