Penfold Lifetime
Pension investing, managed for you
Exclusive to Penfold, our default plan offers 100% FSCS protection, pursues sustainability goals and is custom built to help boost your pension pot
Your investments automatically change as you move towards retirement. When retirement is further away, more of your pension is invested with growth in mind. As you get closer, your investments gradually become more cautious.
Penfold Lifetime is suitable for the majority of our customers who do not want to make their own investment or fund risk decisions. It aims to take customers through to retirement, seeking to deliver a low-cost and good-value outcome.
Our investment principles
Our investment options are built around four simple principles.
- Think long term
Pensions are long-term investments. We focus on long-term growth rather than short-term market movements.
- Keep costs low
Investment costs can add up over time, so we work with leading investment managers to keep costs competitive.
- Diversify
Spreading your pension across different companies, markets and types of investment reduces reliance on any one area.
- Manage risk
Different investments come with different levels of risk. Our options give you different ways to balance potential growth with changes in value.
Working with leading investment managers
We work with BlackRock and HSBC Asset Management to provide our range of pension investment options. These partnerships give you access to globally diversified investments managed by experienced investment professionals.
- BlackRock
BlackRock provides underlying investments used across our Lifetime, Multi-asset and ESG options.
- HSBC
HSBC Asset Management manages the underlying fund used by our Sharia option.
Have your say
As a Penfold customer, you can have your say on issues affecting companies your pension invests in.
Through our shareholder voting programme, you can share your views on topics such as climate change, company leadership and working practices.
We pass your preferences to our investment managers, helping them understand what matters to Penfold customers.
