You can mix and match your options.
In summary, you could invest in:
- Drawdown Lifecycle, or
- An alternative Lifecycle including the Annuity Lifecycle, or
- Freechoice, or
- A Lifecycle Strategy and Freechoice.
How do I know which option is best for me?
You will need to think about the following:
- How much risk you are prepared to take with your investments. For help understanding your attitude to risk use the Investment Risk Profiler available in the Investment Guide.
- What you want to do with your pension at retirement. For more details about the options, go to the retirement options pages.
- Whether you want to actively manage your investments (’leave it to me’) or use a Lifecycle Strategy (’do it for me’). Try the ‘Investment Risk Profiler’ on page 15 of the Investment Guide to help you think about which of these is right for you.
- How close you are to retirement.
Remember all investments have an element of risk and AXA cannot advise you on how you should invest your money. If you are at all unsure about investments or your pension you should speak to an independent financial adviser, but they will usually charge for this service. You can find more information about arranging financial advice at www.moneyadviceservice.org.uk
What do I do once I’ve chosen?
You can review your current investments and change them by logging in to your LifeSight Account.