About Our Funds

Overview

NICE Pension Group offers a range of investment funds to suit different needs and risk appetites. Your pension may be invested in one or more of these funds. Understanding what each fund does helps you make informed decisions about your investments.

Global Equity Fund

The Global Equity Fund invests in company shares from around the world, including the UK, US, Europe, Asia, and emerging markets. It aims to deliver long-term growth by investing in a diversified mix of companies across different sectors and regions.

This fund has higher growth potential but is also more volatile - values can swing significantly in the short term. It's best suited to members with many years until retirement who can ride out market ups and downs. Over the long term, equities have historically outperformed other asset classes, though past performance isn't guaranteed.

Bond Fund

The Bond Fund invests in government and corporate bonds - essentially loans to governments and companies that pay regular interest. It aims to provide steadier returns than equities with less volatility.

Bonds still carry risk. When interest rates rise, bond values typically fall. Credit risk also exists if a bond issuer runs into financial trouble. However, bonds are generally less bumpy than shares and can provide a stabilising element in a diversified portfolio. This fund suits members looking for more stability or approaching retirement.

Cash Fund

The Cash Fund holds money in bank deposits and short-term money market instruments. It aims to preserve capital and provide very stable returns with minimal day-to-day movement in value.

The trade-off is lower growth. Cash returns often struggle to keep pace with inflation over the long term, meaning your money could lose purchasing power. This fund is typically used for money you'll need soon or as part of a de-risking strategy as retirement approaches.

Our Default Strategy

If you haven't chosen your own funds, your pension is invested in our default lifestyle strategy. This automatically adjusts your investments as you approach retirement.

When retirement is far away, the strategy invests mainly in the Global Equity Fund for growth potential. As your retirement date gets closer, it gradually shifts towards the Bond Fund and Cash Fund to protect what you've built up. This happens automatically - you don't need to do anything.

The default strategy is designed to be suitable for most members. If your circumstances are unusual or you have strong views on investment, you may want to self-select instead.

Fund Charges

Each fund has an annual management charge that covers investment management and administration costs. This is taken automatically by adjusting unit prices - you don't pay a separate bill.

Our charges are competitive for a workplace pension scheme. Exact charges for each fund are shown in the fund factsheets. Lower charges mean more of your returns stay in your pot.

Fund Factsheets

We produce factsheets for each fund showing what it invests in, recent performance, charges, and risk information. These are updated regularly and are available on request or through any online access you have to your pension.

Factsheets help you understand what you're invested in and compare options if you're thinking of making changes.

For Financial Advisers

For IFAs, we provide full fund factsheets, historical performance data, and detailed breakdown of holdings. Benchmark comparisons and risk metrics available. Default strategy glidepath and switching points documented. We can confirm client holdings and discuss any scheme-specific fund options or restrictions.