The SEI Master Trust Flexi Default Option is for those of you who would rather the Trustee manages your pension investments on your behalf, guided by our investment experts.

If you don’t choose your own investment option, your funds will automatically be invested into the SEI Master Trust Flexi Default Option and we will carefully manage your investments on your behalf.

Your money will be invested in the SEI Factor Allocation Global Equity Fund and be automatically and gradually switched into the SEI Core Fund and SEI Moderate Fund as you approach – and then move into – retirement.

We will automatically switch your investments between funds as you get closer to your Target Retirement Age. Movement between the funds happens gradually on a monthly basis and is spread out over a period of time.

You can opt in or out of the SEI Master Trust Flexi Default Option profile at any time; switch to one of the other targeted options; or select your own investments by logging in to your SEI Master Trust online account.

Charges

Whether you move to the Default Investment Option or choose one of the alternative lifestyle options, it’s important to know that you won’t pay more in charges for the lifestyle options than you currently do. All of the lifestyle options have the same Total Expense Ratio (TER), and you can find details of this in your personal documents.