Switching investments

Active Section 1 members and Section 2/3 members making regular additional contributions to a retirement account

If you wish to change where your entire retirement account is invested following the new choices which have become available from May 2009, then you must go to Your Total Reward and make your election through Flexible Benefits. The window to make any changes will be open from 15 May 2009 to 28 May 2009.

Please find a step by step guide to logging onto Your Total Reward and making your new investment choices. This is different to the usual procedure for active Plan members so please only use the step by step guide in this instance.

Any changes you make in May 2009 when the new choices are available will change where your entire retirement account is invested and also where your future contributions are invested. If you only wish to change where your future contributions are invested then please contact Talk2hr.

Active Section 2/3 members not making regular contributions to a retirement account and all deferred members with a retirement account

If you are a deferred Plan member or an active Plan member who is not paying regular additional contributions into a retirement account then please follow ‘Instructions for deferred Plan members and those wishing to change the investment of their entire retirement account’ and ensure your form is returned before 28 May 2009.

If you are an active Plan member you will need to change your investment options through Your Total Reward. This will only change where your future contributions are invested. If you would like to change the investment of your entire retirement account then please see 'Instructions for deferred Plan members and those wishing to change the investment of their entire retirement account'.

There are two specific enrolment windows during which you are able to change your investment options for future contributions:

1. Annual enrolment - opens each year during November only. (More information is available on the Your Total Reward site).
2. Life event - a defined life changing event such as a promotion, moving house, getting married, having children etc. Please see the Your Total Reward site for more details on this.

If you are a deferred Plan member you can switch between different investment options at any time by completing a switch form. Once completed this should be returned to the Plan administrator.

The same form can be used by active Plan members who want to change where their entire retirement account is currently invested. The 'Instructions for active Plan members' above only allows you to change where your future contributions are invested and a form must be completed to effect all other changes.

Forms can be found by clicking on the ‘Forms’ section of the left hand menu.