The Investment Builder
Flexibility to take your savings before or after you retire, underpinned by a guaranteed for life defined benefit pension with the Retirement Income Builder.
Salary sacrifice – if your employer offers it, you can save on your National Insurance contributions, meaning your contributions cost you less.
No member admin/management fees on funds arising from normal/additional contributions to the Investment Builder as these fees are covered by the scheme subsidy.
No member investment fees for contributions on funds arising from normal/additional contributions to the Investment Builder as these fees are covered by the scheme subsidy .
If you transfer a pension from a registered or recognised overseas pension scheme to the Investment Builder the only thing you’ll pay for is the investment fees which range from 0.1% - 0.3%
You have the option of ethical investments that automatically manage your investment risk as you approach retirement.
The Investment Builder invests in Private Markets which can offer potential greater returns, better diversification, and more inflation protection.
Great tax benefits when you take your savings. Tax allowances are based on your overall USS pension, which means you may be able to take more than 25% of your Investment Builder as a tax-free lump sum.