Glidepath

A glidepath is a feature of The People’s Pension which aims to safeguard your pension savings in the lead up to your retirement.

It doesn’t take any effort on your part – what it means is your money gradually and automatically moves into more secure investments the closer you get to retiring. Investment funds can go up and down at any time, but with a glidepath it’s less likely there’ll be any major drops in value before you want to start spending your money.

You might also come across the terms equity fund – that’s the main way your money’s invested – and pre-retirement fund – that’s when you’re gliding…