This guide explains how lifestyle funds work, why your target retirement age matters, and what to check as you approach retirement. It also covers what to consider when reviewing your current fund, including how to choose a different investment option or update your details.
If we’ve written to you about your lifestyle fund, it may be because you’re approaching your target retirement age, making this an important time to review your fund and consider your retirement plans.
The value of an investment can fall as well as rise and isn't guaranteed. The value of your pension pot when you come to take benefits may be less than has been paid in.
What is a lifestyle fund?
Get to know how lifestyle funds work and what the different retirement targets mean.
Checking your target retirement age
Learn why your target retirement age matters and how to update if needed.
Choosing a different fund
Understand what to consider before switching funds, and explore the other investment options available to you.
How to switch funds
Find out how to make changes to your investments if you decide your current fund is no longer right for you.
How can you take your pension savings?
Explore your income options, what to consider when choosing, and the next steps you may need to take.
Further guidance and help
Find the support that’s right for you, from planning tools, advice options, and ways to contact us.
Log in to your account to review your current fund and target retirement age, and make any changes if you need to.