A pension is a long-term investment
It’s important to remember that your pension is a long-term investment and that it’s normal to see the value of your savings go up and down in the short term.
If you are a younger saver and you are concerned about the effect on your pension in the short term, please remember that there is plenty of time for a market correction and for your savings to grow.
If you are approaching retirement and you are concerned about your pension savings falling in value, please note that our model investment strategy is designed to protect your money as you approach your selected retirement age. When you get closer to your retirement age, we will start to move your money into lower-risk funds so that your pension savings become less likely to fall in value. Although we can’t guarantee that the value of your pension savings won’t go down in value when they are invested in these lower risk funds, they are less likely to.