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Investing your pension savings

When your pension leaves your pay each month, it doesn’t just sit in an account somewhere until you retire. It's busy working hard in the real world so that when you’re older, hopefully you won’t have to.

Think about how much risk you're willing to take

Higher risk investments can help your money grow more. But there's also a greater chance of losing money. With lower risk investments, your money may not grow as much as you want it to.

Of course, investment returns are never guaranteed. So while your savings could grow, their value can also go down. This means you could get back less than what you put into your plan.

Think about how involved you want to be

You can stick with the plan default investment your employer has chosen, referred to below. If you want more control, you can choose your own investments. Some investments carry an extra charge. So if you decide to choose your own investments or need help deciding, it’s a good idea to speak to a financial adviser.

1. Stay with the plan default investment choice

Your pension savings will be invested here unless you decide otherwise.

You'll find more information in our investment factsheets.

2. Choose from our Governed Range

This consists of Lifestyle Strategies and Governed Portfolios.

  • They're made up of a mix of different investments.
  • They take into account the time until you retire.
  • And they suit different attitudes to risk.

3. Choose from our fund range

You can access Royal London funds, managed by the Royal London Asset Management team, as well as funds managed by some of the world's leading investment companies.

Royal London's investment options are reviewed by experts

Our investment experts regularly review our investment options to make sure they’re meeting their overall objectives. If they aren’t, they’ll make a change. This ongoing governance comes at no extra cost to you.

You should also regularly review your investment choice to make sure it's still suitable for you.

Responsible investment

Did you know your pension can help the fight against climate change? We’re cutting the carbon footprint of our investments and committing to net zero* by 2050 across our investment portfolio. These commitments are based on the expectation that governments and policy-makers will deliver on commitments to achieve the 1.5°C temperature goal of the Paris Agreement.

More about responsible investment

*Net zero is the balance between the carbon emitted into the atmosphere and the carbon removed from it.

Find out more

You can get an idea of your attitude to risk by using our risk profiler.

You can find out more about your investment options in our Pension investment options guide.

Some investment options carry an extra charge. So if you decide to choose your own investments, or need help deciding on a suitable option, it's a good idea to speak to a financial adviser. You may be charged for this service.

Changing your investments

You can change your investments by completing a change of investment form or by logging in. You should speak to a financial adviser before you change your investments.

Keep an eye on your pension

Our mobile app makes it easy to keep an eye on your pension savings and see how your investments are performing whenever you like.

Download the app for free from the App Store or Google Play.

Contact us

Email us

0370 850 1991