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Growth rate assumptions 2025

To work out how much your pension savings could be worth, we assumed a growth rate based on the funds your money is invested in. We then reduce this figure by what inflation could be between now and your selected retirement age. This means that what's shown reflects what you could buy in today's money.

*The figures shown are the assumed growth gross returns for these funds.

If you are a Schroders member, the assumption rates below apply to you:

*The figures shown are the assumed growth gross returns for these funds.

If you are a Mercer Smart Pension member, the assumption rates below apply to you:

*The figures shown are the assumed growth gross returns for these funds.

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Your 2025 annual pension statement