INVESTMENT OPTIONS. - Legal & General

Individual AND GROUP pensionS – Investment options
23
Any payments made to your plan during the
operating period of your chosen Lifestyle Profile,
will be allocated into the applicable funds in the
proportions specified for that date.
The following Profiles are available for all
pension plans, except Trustee Investment Plans:
WHAT PROFILES CAN I CHOOSE FROM?
We have a range of profiles offering different
fund mixes and switching periods. The details of
each profile are set out over the following pages.
You should refer to the Fund Information section
starting on page 8 for details of the funds referred
to in each table.
HOW MANY PROFILES CAN I HAVE?
You can only invest in one profile at any one time.
Also, whilst you are invested in a Lifestyle Profile it’s
not possible to invest in other funds. Once you start
your plan it’s possible to switch between profiles
at any time, or even stop the ‘lifestyle’ investment
option and choose one or more of the funds
available on the plan.
IMPORTANT INFORMATION
It’s important to remember that the objective of a
Lifestyle Profile is to reduce the amount of risk that
your pension fund is exposed to as you get nearer to
your selected retirement date. It is not a guarantee
that the value of your pension fund will not reduce
during this period.
PROFILE INFORMATION
The following pages provide:
• the fund the Lifestyle Profile starts in,
• the fund(s) the Lifestyle Profile switches into
(and what proportions if applicable),
• how long before your selected retirement date
the switching will begin, and
• how often the switches will take place.
PROFILES WITH A 10 YEAR SWITCHING PERIOD
Yearly switching profile – These profiles start switching
10 years before your selected retirement date, and then
on each anniversary of that date.
CAUTIOUS MANAGED LIFESTYLE PROFILE
Mix of funds during the 10 years prior to your
selected retirement date
Years to your
selected
retirement date
More than 10
9 – 10
8 – 9
7 – 8
6 – 7
5 – 6
4 – 5
3 – 4
2 – 3
1 – 2
Less than 1
Years to your
selected
retirement date
Distribution
Fund %
100
90
80
70
60
50
40
30
20
10
0
Managed
Fund %
Fixed
Interest
Fund %
0.00
7.50
15.00
22.50
30.00
37.50
45.00
52.50
60.00
67.50
75.00
Fixed
Interest
Fund %
Cash
Fund %
MANAGED LIFESTYLE PROFILE
Mix of funds during the 10 years prior to your
selected retirement date
0.00
2.50
5.00
7.50
10.00
12.50
15.00
17.50
20.00
22.50
25.00
Cash
Fund %
More than 10
100
0.00
0.00
9 – 10
90
7.50
2.50
8 – 9
80
15.00
5.00
7 – 8
70
22.50
7.50
6 – 7
60
30.00
10.00
5 – 6
50
37.50
12.50
4 – 5
40
45.00
15.00
3 – 4
30
52.50
17.50
2 – 3
20
60.00
20.00
1 – 2
10
67.50
22.50
Less than 1
0
75.00
25.00