In certain types of company pension, a trustee will make the investment choice on behalf of all members or will select a shortlist of funds for you to choose from. Your employer can tell you if either case applies.
It is important to regularly review the funds in which you are invested, especially as you approach retirement. How you choose the fund(s) depends on a number of factors. These include:
The value of an investment in any of the investment-linked funds may go down as well as up and you may not get back as much as you paid in.
To help you decide how you want your payments to be invested, you can use our interactive fund selection tool:
Remember that if you are unsure as to where your payments should be invested, you should seek financial advice. There may be a cost associated with obtaining advice.
