Unless you inform us otherwise, the investment profile of your pension savings with The People’s Pension will remain unchanged and your transferred fund will be invested on the same basis.
If you’re in an investment profile, you’ll have a 15-year glidepath, where your pension savings are automatically moved and invested into lower-risk investments as you approach your selected retirement age. The transferred fund will therefore be allocated according to your current age and your selected retirement age. The closer you are to your selected retirement age, the more of your pension savings will be invested into lower-risk investments.
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