Default Investment Fund
Many corporate pension schemes will have a default investment fund. A default investment fund is a set of investments that a company will invest into on behalf of any pension scheme participants who are unable or unwilling to make to make a decision as to how or where their pension funds are invested.
A default investment fund can offer your company benefits in terms of speeding process and allowing an employee to start benefiting from employer contributions as soon as possible. Finding the right default investment fund for your company can be essential. Amongst other things, finding the right default investment fund can depend on:
- The profile of your workforce (salary, age range etc).
- Your attitude to ethical investment.
- Your attitude to passive/active investment management.
For impartial advice on finding the right default investment fund for your needs contact an independent company pension advisor.
ABOUT TRUST ONLINE