Introduction

As a member of the Clarks Flexible Pension Scheme, you can choose to invest your contributions into the Investment Related Section of the Scheme (which is a defined contribution arrangement), and/or use your contributions to buy pension in the Pay Related Section.

The contributions that are paid into the Investment Related Section go into a Pension Account set up in your name, and the money is then invested.

If you want, you can decide how to invest the contributions that are paid to your Pension Account and manage it yourself (‘self-select’). Alternatively, if you prefer to take a more hands-off approach, you can use the ‘Lifestyle Fund’, which automatically changes your investment mix depending on how long you have to go until you retire.

© Clarks Pensions 2014