Reductions to your LifeSight investment fees

28 February 2024

Lifesight, the Plan’s Income Drawdown provider, has recently announced fee reductions to the investment options available to you. 11 of the 26 funds available, including the LifeSight Equity and LifeSight Diversified Growth funds have had their charges lowered. The lowered charges will have a beneficial impact on any savings transferred to the Income Drawdown arrangement over the long term.

LifeSight Income Drawdown

The Trustee is aware that some of you may be considering your retirement options and therefore, wanted to remind you of the LifeSight Income Drawdown. Below is a snapshot of what you can expect from LifeSight:

What can LifeSight offer you?

Flexibility

You access your savings as and when you need them

Accessibility

Ease of access through your personal online Account

Choice

Invest your savings in a way that matches with your goals

Planning

Online tools to help you see when your savings will run out

Support

Ongoing touch-points to help you manage your savings

Protection

A Trustee Board responsible for looking after assets

Further information about LifeSight can be found by going to www.lifesight.com/drawdown.

On the “Home” tab there are guides that explain the key features of LifeSight. The “How to join tab” explains how you can apply for LifeSight and how you can contact the team with any questions.

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