Think about your pension investments as a journey to retirement. The Target Date Fund (TDF) aims to get the most from your money and create a smoother journey for your investments as you head towards retirement. It invests in a range of different investment types – all with different levels of risk appropriate to your age.
The default investment for your contributions (if you don't make a choice) is the TDF using your 65th birthday. However, you can change to a different TDF at any time by completing the Investment Instruction Form, which you can download and print here.
The example TDF below maps how your investment mix changes as you move through the three main life stages towards retirement.
The Annual Management Charge for each TDF will not be more than 0.23%. In addition to this there is a platform charge of 0.04% and other expenses included within the Total Expense Ratio (TER). Further details can be found here.