There are 3 investment profiles for members to choose from in The People’s Pension scheme:
– ‘Balanced’ investment profile
– ‘Cautious’ investment profile
– ‘Adventurous’ investment profile
New members are automatically placed into the ‘balanced’ investment profile unless they choose otherwise. If members don’t wish to select one of the three investment profiles, they can instead choose to self-select one or more of the following 8 B&CE funds:
- B&CE Global Investments (up to 60% shares) Fund
- B&CE Global Investments (up to 85% shares) Fund
- B&CE Global Investments (up to 100% shares) Fund
- B&CE Annuity Fund
- B&CE Pre-Retirement Fund
- B&CE Cash Fund
- B&CE Ethical Fund
- B&CE Shariah Fund*
*If the Shariah Fund is selected, members can only choose to invest 100% of their pot in that fund.
Members can choose from the scheme’s fund range themselves and for self-select options, the funds will not be automatically switched into lower risk funds approaching retirement but can be moved between the investment funds only at the member’s request.
The fund factsheets for each of the eight self-select funds can be found in our resource library.
Further useful scheme contact details can be found in the ‘Advisers and company information’ section of the scheme’s Annual Report and Financial Statement.