Penfold partners with BlackRock and HSBC to protect and grow your savings through a diverse range of low-cost global investments.
Penfold Lifetime offers three risk levels that adjust as you near retirement, similar to the Multi-asset and ESG Lifetime plans, but with slightly higher risk for greater long-term growth.
It also incorporates the same BlackRock ESG funds used in our ESG plan, which aim to achieve positive environmental goals. It includes three portfolios:
Growth: High risk and growth potential for those 8+ 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 Multi-asset plan allows you to choose from four risk levels, each with varying equity exposure:
Multi-asset 20-40% equity: Lowest risk, suitable for those within 5 years of retirement.
Multi-asset 40-60% equity: Low-middle risk for those 5-10 years from retirement.
Multi-asset 60-80% equity: Middle-high risk for those over 10 years from retirement.
Multi-asset 80+ equity: High risk for those over 15 years from retirement.
You can select and change your risk level at any time.
Our ESG Plan invests in high-ESG-rated companies, reducing carbon emissions by 30% compared to similar plans. They range from low to high risk:
ESG 20-40% equity: Lowest risk for those within 5 years of retirement.
ESG 60-80% equity: Middle-high risk for those around 5-8 years from retirement.
ESG 100% equity: Highest risk for those over 15 years from retirement.
Our Penfold, Multi-asset, and ESG funds are also available within a Lifetime Plan, which automatically adjusts risk based on age. This makes 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 (Multi-asset and ESG) or Growth (Penfold Lifetime), 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 (Multi-asset and ESG Plan) or Protect (Penfold Lifetime), 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.
Sharia 100% equity, 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 Sharia law.