The Pearson Group Pension Plan publishes on its website:
The Trustee of The Pearson Pension Plan (the Plan) has decided to make some changes to the investment options available to members of the Plan. As a result, members will not be able to make any investment changes or access Aviva’s secure online portal, MyWorkplace- This link opens in a new browser window between 12 to 25 June 2024.
During this period the following changes will take place:
- in the drawdown lifecycle option:
- the Blended index linked gilt fund will be replaced by the Annuity targeting fund and,
- a cash allocation starting three years from retirement will be introduced, leading to a 10% allocation to cash at target retirement date
- the HSBC Islamic global equity Index fund will be added to the self-select option range.
