What changes have you made to the Pre-Retirement Fund?


We have changed the underlying investments within the Pre-Retirement Fund (from 6 September 2016), so that it’s not so dependent on annuity prices.  This makes it more suitable in light of the pension freedoms that were introduced from 6 April 2015, as you no longer have to purchase an annuity with your pension savings.


Before 6 September 2016 – Pre-Retirement Fund:

 Pre 6 September 16 Pre Retirement Fund

After 6 September 2016 – Pre-Retirement Fund:

Pre-Retirement Fund


The new asset allocation of the Pre-Retirement Fund includes 20% in cash. So we’ve switched members out of the Cash Fund to make sure they don’t have too much of their funds invested in cash.

Was this article helpful?

Please score it so we can improve and offer you more