What is a retirement fund?

When someone who was invested in a lifestyle fund reaches their nominated retirement date they are moved into one of our retirement funds until they decide what they want to do with their savings. Our Retirement funds invest mainly (75%) in long-dated bonds with a proportion (currently 25%) in a Cash fund to provide them with tax free cash.

We have two retirement funds for our lifestyle funds – the Scottish Equitable Retirement fund (PDF - 181kb)(Opens new window) and the Scottish Equitable BlackRock Aquila Retirement fund (PDF - 236kb)(Opens new window). You can find the fund factsheets on the fund prices and performance pages.