Standard Life AVC – Managed Pension Fund

Standard Life are going to be making enhancements to the Standard Life Managed Pension Fund.

These will take effect from February 2022 and include the following -

• using a greater variety of investment approaches – such as investing in both ‘actively managed’ funds as well as ‘passively' managed funds
• using a wider choice of investment companies – which, for example, will allow them to replace underperforming managers on your behalf
• enhancing their approach to Responsible Investment (Responsible Investment refers to the practice of incorporating Environmental, Social and Governance (ESG) factors into investment decisions. You can read more about Standard Life’s approach to this and incorporating ESG factors in your pension investments at: library.standardlife.com/invcp53.pdf

The attached document provides a comparison of the Current Fund Description and the New Fund Description. You can find out more at standardlife.co.uk/investments/Funds/news-updates. You can also view details of the fund(s) you are invested in online or on Standard Life’s mobile app. To do this, you will need to be registered for their online services. This can be done at standardlife.co.uk/register.

Should you have any related queries, please contact Standard Life directly on 0345 279 8831 and have your scheme number ready.