Default Fund

When you become a member of the BRSP (including the AE Section) your contributions will automatically be invested into the Default Fund, which is a Target Date Fund (TDF). The TDF offers you a flexible approach to investing your pension savings. They allow you to match your investment strategy to a ‘target date range’, which will normally be aligned to the date at which you currently plan to retire or access your pension savings. More information can be found here.

Your options

Please note that the Target Date Fund is the default investment option and you can always change the fund or funds you are invested in. With any investments, you should monitor them regularly, particularly as you approach retirement. You can select the best strategy for your retirement savings by visiting Manage Your Account.

Find out more

If you would like specific advice according to your personal needs and circumstances, we would recommend you speak to an independent financial adviser (IFA). You can find one local to your area by visiting the Unbiased website.