GUIDANCE ON YOUR FUND CHOICES ADDITIONAL INVESTMENTS EX-EMPLOYEES OF DVV (ROAD TRANSPORT MEDIA)

Transcription

1 GUIDANCE ON YOUR FUND CHOICES ADDITIONAL INVESTMENTS EX-EMPLOYEES OF DVV (ROAD TRANSPORT MEDIA)

2 CONTENTS PAGE 3 INTRODUCTION PAGE 4 THE SCHEME SPECIFIC LIFESTYLE STRATEGY PAGE 5 THE ZURICH OPEN RANGE HOW TO FIND OUT MORE 2

3 INTRODUCTION THIS GUIDE PROVIDES INFORMATION ON THE FUND CHOICES SPECIFIC TO YOUR PLAN. YOU ALSO HAVE ACCESS TO A STANDARD RANGE OF FUNDS WHICH IS EXPLAINED IN YOUR GUIDANCE ON YOUR FUND CHOICES. This guide sets out the additional investment choices which are available to you. To see all of your options, please read this guide alongside the Guidance on your fund choices. Now you are a member of the plan, you can see how and where your plan is invested at any time. You may or may not be comfortable with making or reviewing your own investment decisions on a day to day basis. There are different options available depending on how much involvement you want and they are described in the following sections. If you re not comfortable with making investment decisions you should seek help from a financial adviser. You will be charged for any financial advice you receive. YOUR INVESTMENT CHOICES It is important to remember that when your plan was transferred into the retirement saver you remained in the investment strategy that applied at that time. You were not automatically invested in the Zurich Passive Interim Lifestyle Strategy (the default). As a member you can choose to invest in: your existing strategy the standard investment options the scheme specific lifestyle the Zurich Open Range You can also choose a combination of the above options. Depending on the investments you choose, the levels of risk and potential investment performance differ. 3

4 THE SCHEME SPECIFIC LIFESTYLE STRATEGY The scheme specific lifestyle strategy you can choose to invest in is the Default DVV Lifestyle. The Default DVV Lifestyle contains the following funds: Aquila Corp Bond Over 15 Year Index CS1 Zurich BlackRock Sterling Liquidity CSW Zurich Aquila Over 15 Years UK Gilt Index CSW Aquila 50/50 Global Equity Index CS1 THE DEFAULT DVV LIFESTYLE Fund holding % 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 100 % 92 % 84 % 76 % 68 % 62 % 54 % 46 % 30 % % 0% % 0% 4% 8% 0% 8% 12% 12% 0% 16% 16% 0% 19% 19% 0% 15 37% Less than 1 Years to selected retirement age 23% 23% 0% 27% 27% 0% 31% 8% 31% 34% 17% 34% 26% 37% Aquila Corp Bond Over 15 Year Index CS1 Zurich BlackRock Sterling Liquidity CSW Zurich Aquila Over 15 Years UK Gilt Index CSW Aquila 50/50 Global Equity Index CS1 OBJECTIVE In addition to the funds that we have available as standard for this product detailed in the Guidance on your fund choices, the employer responsible for your previous scheme set up access to a default solution should you not wish to make your own decisions regarding investment options. This is the lifestyle arrangement above. 4

5 THE ZURICH OPEN RANGE You also have the option to choose from the Zurich Open Range, available to view by logging in to your plan website and accessing the Investment choices and charges document in your member library. The standard range of investments are available and you can find more about these here. Please remember, depending on the investments you choose, the levels of risk and potential investment performance differ. HOW TO FIND OUT MORE If you d like to know more about the fund choices available to you, please contact Scottish Widows on We may record or monitor calls to improve our service. We cannot give you advice but can give you more information to help you. If you re unsure about making an investment decision, you should take financial advice. For details on how to find a financial adviser near you, go to unbiased.co.uk or vouchedfor.co.uk You will usually have to pay for any financial advice you receive. 5

6 PLEASE LET US KNOW IF YOU WOULD LIKE A COPY OF THIS IN LARGE PRINT OR BRAILLE, OR ON AUDIOTAPE OR CD. Scottish Widows Administration Services Limited. Registered in England and Wales No Registered office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised and regulated by the Financial Conduct Authority. Financial Services Register number /18