Lifestyle Investment Option

The Lifestyle arrangements offered by the O2 Pension Plan (‘the Plan’) contain a combination of investment funds (‘funds’) selected by the Plan’s Trustee. The funds that your contributions will be invested in will depend on your age and the age you select for retirement, hence why they are referred to as ‘lifestyle’.

Whilst you are still a number of years away from retirement your contributions will be invested in a fund or combination of funds that are designed for investment growth. As you move closer to retirement you will be gradually switched into fund(s) that aim to offer stability in the lead up to you taking your benefits.

There are three different Lifestyle arrangements available. Click on each of the following to find out more:

Your contributions will be invested 100% in whichever arrangement you select. The key differences between the arrangements are the underlying funds used and the length of the switching period in the lead up to retirement as summarised in the following table:

Lifestyle arrangement	Switching period	Growth fund(s)	Stability fund(s)
Balanced	5 years	BlackRock Diversified Growth Fund	Legal & General Pre Retirement Fund Legal & General Cash Fund
Higher Risk/Return	5 years	BlackRock Diversified Growth Fund Gartmore Global Focus Fund Legal & General Global Equity (50:50) Fund	Legal & General Pre Retirement Fund Legal & General Cash Fund
Lower Risk/Return	10 years	BlackRock Diversified Growth Fund	Legal & General Pre Retirement Fund Legal & General Cash Fund