Pension or bank account

novice-saver

dunstonh wrote: »

You possibly have a lifestyling option (which has negatives as well as positives) or an auto rebalancing option or you are in the bog standard managed fund where the asset/sector allocation is controlled by the fund manager (this option can be combined with lifestyling) or a discretionary investment management or IFA managing (the last two are highly unlikely in an occ scheme)

it is in deed a "lifestyling" option - having looked at the paperwork again there are/were a huge number of choices -aphabetically from bonds to Sharia - with appropriate comments regarding likely yields or flunctuations in yield for each one, and an annual review of the choice too.

It's harder work than DB.