Penfold partners with BlackRock and HSBC to protect and grow your savings through a diverse range of low-cost global investments.
The Penfold Plan offers three risk levels that adjust as you near retirement, similar to the Standard and Sustainable Lifetime plans, but with slightly higher risk for greater long-term growth. It includes three portfolios:
Growth: High risk and growth potential for those 9+ years from retirement.
Balance: Medium to high risk for those 3-8 years from retirement.
Protect: Low to medium risk for those less than 3 years from retirement.
The glidepath, or investment shift over time, mirrors other plans but with a higher risk profile to enhance pension growth.
Our Standard Plans allow you to choose from four risk levels, each with varying equity exposure:
Level 1: Lowest risk, suitable for those within 5 years of retirement.
Level 2: Low-middle risk for those 5-10 years from retirement.
Level 3: Middle-high risk for those over 10 years from retirement.
Level 4: High risk for those over 15 years from retirement.
You can select and change your risk level at any time.
Our Sustainable Plans invest in high ESG-rated companies, reducing carbon emissions by 30% compared to similar plans. They range from low to high risk:
Sustainable Level 1: Lowest risk for those within 2-3 years of retirement.
Sustainable Level 3: Middle-high risk for those around 3-15 years from retirement.
Sustainable Level 5: Highest risk for those over 15 years from retirement.
The Penfold, Standard, and Sustainable Plans are also available as lifetime plans. This means that these plans automatically adjust risk based on age, making them ideal for those new to investing or preferring a "set-and-forget" approach. They aim to grow savings early and reduce risk as retirement approaches.
During Stage 1 (Standard and Sustainable Plan) or Growth (Penfold Plan), our Lifetime plans use funds with a higher proportion of your money invested in stocks, which generally means more growth potential as well as ups and downs. During Stage 3 (Standard and Sustainable Plan) or Protect (Penfold Plan), our lifetime plans use funds with a higher proportion of your money invested in bonds, which is generally a more stable investment type.
No investment is risk-free, but BlackRock's MyMap strategy provides an extra layer of risk management, designed for long-term retirement savings. It is low-cost, diversified, and responsive to market changes, aligning with your risk comfort level.
Shariah Plan, managed by HSBC, adheres to passive investing, broad diversification, low cost, and managed risk principles. It invests 100% in equities, offering high risk and potential returns for those seeking socially responsible investments under Shariah law.