Governed Portfolios
Employees can invest in our Governed Portfolios either individually or as part of a lifestyle strategy.
- Risk-rated - so employees can invest in the one which most closely matches their attitude to risk.
- Broadly diversified - offering a range of investments across different sectors and geographies to help strengthen resilience.
- Actively managed - our in-house experts make regular updates to the portfolios to take advantage of short-term market movements
- Impartial and ongoing governance, and a responsible investment approach - included at no extra cost.
Target lifestyle strategies
In addition to our default lifestyle strategy for employees invested in a Royal London workplace pension – the Balanced Lifestyle Strategy (Drawdown) – we have a range of other lifestyle strategy choices. These are focused on your employees' three main income choices:
- Flexibly accessing their money while leaving the rest invested (drawdown)
- Taking their money as one or more cash lump sums (cash)
- Buying a guaranteed regular income (an annuity).
All of our lifestyle strategies move your employees' money from higher-risk to lower-risk investments as they get closer to retirement.
Our default options
Find out about our range of default investment options for workplace pensions. Designed to help you feel confident that you're meeting both your obligations as an employer and the needs of your employees.
Governed Retirement Income Portfolios (GRIPs)
GRIPs are similar to the Governed Portfolios but are specifically designed for customers who are flexibly accessing their money to give them a regular income while keeping the rest invested.
We also include GRIPs in the latter stages of our lifestyle strategy journeys – when employees have reached retirement and are starting to access their pension savings.
There are five multi asset GRIPs, each aligned to a different level of risk. Like the Governed Portfolios, all come with ongoing governance and a responsible investment approach at no extra cost.