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group personal pensions

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Can somebody clarify, where an employer arranges a group personal pension, where the contract is essentially still between the provider and the employee, does the employee have an influence over the type of investments made with those funds, as the employee would if they had arranged it themselves?

Comments

  • s55shh
    s55shh Posts: 37 Forumite
    Absolutely.
    You should have chosen funds on your application form.
    I've just written to NU to change my investment split.
  • dunstonh
    dunstonh Posts: 119,677 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    does the employee have an influence over the type of investments made with those funds

    The employer can restrict the range. Many do. However, you are free to pick from the range that is on offer.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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