Where can you invest your money?
The Trustee offers a default investment strategy and two other options you can choose if they better match your retirement goals. All three strategies automatically reduce investment risk as you near retirement. If you’d rather manage your own investments, you can pick from our ‘self-select’ fund range.
Arguably the most important choice you have to make is this:
How involved do you want to be in managing your investments?
Scroll down to find out more.
Lifestyling
The ‘Do it for me’ and ‘Help me do it’ options both use a method called Lifestyling. This means your investments are automatically adjusted over time, moving gradually from higher-risk to lower-risk funds as you get closer to retirement.
The goal of Lifestyling is to match your investment mix with your age and how you plan to take your money – whether that’s through drawdown, taking cash, or buying an annuity.
Do it for me |
Every workplace pension must have a default investment option. This is where your money will be invested if you don’t want to make your own investment choices and would rather leave this to the Trustee and its advisers. For the SEI Master Trust, our default is the SEI Master Trust Flexi Default Option.
This option assumes that, when you retire, you’ll take your money gradually as income – rather than all as cash or by buying an annuity. But that might not be the right fit for everyone, so it’s important to check whether it suits your own plans.
If you’re in the default option (sometimes called the ‘Do it for me’ approach), your investments will generally include more equities (company shares) in the early years to help grow your savings. As you get closer to retirement, the mix becomes more cautious to help manage risk.
Whatever option you choose, it’s a good idea to review your investments regularly to make sure they still match your goals and circumstances.
Help me do it |
If you don’t want to manage your own investments but you know you don’t want to take your money flexibly as income, the ‘Help me do it’ option could be right for you. Depending on your plans for retirement, with this approach you can choose from one of two alternative strategies that are more suitable for securing an annuity and/or withdrawing a cash lump sum when you retire. Just choose one of the alternative options, let us know your target retirement age, and the Trustee - guided by our investment advisers - will take care of selecting, monitoring and switching the investment funds for you.
Let me do it - the self-select approach |
If you’re interested in making all your own investment choices, you can take control through the ‘Let me do it’ option. This allows you to choose how your pension savings are invested by selecting from a wide range of available funds.