When a Member joins the Scheme contributions are automatically invested in a combination of funds, depending on their age. This is known as the default Lifestyle Strategy. Members can also make their own investment choices, known as the Freestyle Option.
We operate a straightforward charging structure. The pension contribution percentages and the cost to Members for managing the pension fund are explained here.
Group Life Assurance is a valuable employee benefit which provides a tax-free lump sum to the loved ones of an employee who dies whilst covered by the policy.
