Investment options

We invest your pension to give it the best possible chance to grow over the long term. Find out about the investment options available to you.

Your investment options

If you don’t want to choose where your money is invested, we’ll invest it in our default – the ‘balanced’ investment profile. Alternatively, you also have the choice to invest in 2 other investment profiles or self-select from 8 funds.

How do you change investment options?

You can change where your money is invested by logging in to your Online Account. If you decide to move your money out of the default investment profile, it’s worth reviewing your options on a regular basis to check that they still meet your requirements.

Three ready-made investment profiles

‘Balanced’ profile

Aims to provide a balance between risk and reward with the goal of targeting long-term investment growth while offering some protection by gradually moving your money into lower-risk assets as you approach retirement.

If you don’t choose an investment profile (or you’d rather leave it to us), we’ll automatically invest your money in our ‘balanced’ investment profile

This profile invests in the Global Investments (up to 85% shares) Fund.

Click on the link below to find out more about the Global Investments (up to 85% shares) Fund.

Targets long-term growth

Moves to lower-risk Pre-retirement fund as members approach retirement

‘Cautious’ profile

Aims to preserve the value of your money by investing in predominately lower-risk assets while offering some potential for growth over the long term.

This profile invests in the Global Investments (up to 60% shares) Fund.

Click on the link below to find out more about the Global Investments (up to 60% shares) Fund.

Targets moderate growth over the long term

Moves to lower-risk Pre-retirement fund as members approach retirement

‘Adventurous’ profile

Aims to provide long-term growth by investing in higher-risk assets. It offers greater growth potential compared to our other investment profiles, but, as a result, also carries a greater risk that the value of your savings will go up and down more often, especially in the short term.

This profile invests in the Global Investments (up to 100% shares) Fund.

To learn more about Global Investments (up to 100% shares) fund.

Aims to maximise growth over the long term

Moves to lower-risk Pre-retirement fund as members approach retirement

How our investment profiles change as you approach retirement

Each of our investment profiles gradually and automatically moves your money into lower-risk investments as you get closer to retirement. This means your savings are less likely to suffer a large fall in value just when you want to use them.

We call this a 15-year glidepath, because it normally begins 15 years before your selected retirement age. So, if you plan to retire at 65, we’ll start switching your investments when you’re 50.

Self-select investment options

Self-select

If you feel confident making investment decisions, you can ‘self-select’ where your money is invested.

If you choose (self-select) your funds yourself, your money won’t automatically move into lower-risk investments as you approach retirement

Choose from 8 funds to invest your money in

This means you can decide how much money you put in each fund. You can invest solely in 1 fund or spread your money across multiple funds.*


If you decide to choose this profile you’ll need to make sure you regularly review the funds you’ve selected (and your attitude towards investment risk) as you near retirement.

Click the link below to find out more about our investment funds.

* If you select the Shariah Fund, you’ll have to invest all of your pension savings with us in this fund.

Ready to make an investment choice?

To make any changes log in to your Online Account.


If you decide to change your investments from the default investment profile, it’s worth reviewing your options on a regular basis to check they still meet your requirements.

Log in
Log in

Trying to decide which investment option suits you best?

Important to know
  1. Investment risk and investment return tend to be linked. Usually the higher the potential investment return, the greater the investment risk. The greater the risk, the more likely the investment is to go up and down in value over a short space of time – this is called volatility.

  2. Past performance of investments doesn’t guarantee or act as a guide to future performance.

  3. If you choose your investment funds yourself, your money won’t automatically move into lower-risk investments as you approach retirement. That means you’ll need to make sure you regularly review the funds you’ve selected (and your attitude to investment risk) as you near retirement.
Need more time to make a decision?

Don’t worry! If you don’t make a choice, we’ll automatically invest your money in our ‘balanced’ investment profile (our default investment profile).

Learn more

Investment funds

Learn more about our investment funds.

Responsible investment

Learn how we invest your money responsibly.