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What does a pensions theme do with my money?

What does a pensions theme do with my money?

I am looking at auto enrolment and wondering what actually happens to the money employers and employees pay into schemes, surely it can't just be held for years - Does the pensions theme invest it? is it in realty just another fund?

I was hoping someone could educate me on what actually happens and how that money is safeguarded?

Thanks

Adam

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By DJKL
22nd Feb 2016 21:39

Invested as the individual directs into the funds offered by the particular scheme, e.g, here is link to Peoples

http://bandce.co.uk/about-us/how-we-work/fund-factsheets/

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23rd Feb 2016 07:23

Autospell

Turn off that Autospell !!

Agree with DJKL - yoiu'll only find out from the scheme managers.

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By JimFerd
23rd Feb 2016 09:09

!!

lionofludesch wrote:

Turn off that Autospell !!

Agree with DJKL - yoiu'll only find out from the scheme managers.

 

Turn on that Autospell! ;)

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