We’re changing the investments in the DC section of the Plan

Following a detailed review, the Trustee has decided to make some changes to align the Plan’s investment options with members’ attitudes to risk, their desire to invest responsibly and how they want to use their savings in retirement.

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We’ve written to every member explaining how the changes will affect their DC savings. If you haven’t received your letter, contact the DHL Group Pensions Department.

What’s changing:

Changing the Plan’s default Lifestyle strategy from the current DHL Lifestyle Annuity to a new DHL Lifestyle Drawdown, which targets drawdown at retirement.
Adding the DHL Global Equities fund to the mix of funds used in Lifestyle, a generally higher risk fund with a higher growth potential.
Ensuring that your savings stay in funds with higher growth potential for longer to give your savings more chance to grow.
Improving the focus on Environmental, Social and Governance factors for some funds within the Lifestyle strategies.

What do you need to do?

Planning to retire or transfer out soon? Make sure you contact the DHL Group Pensions Department as soon as possible.
Want to read more about the new Lifestyle strategies? Read the updated member guide.
Need financial advice? Go to MoneyHelper.org.uk and use the Retirement Adviser Directory.

Missed the live webinar?

Watch the recorded webinar to hear from our investment advisers, WTW, who explain the reasons for the changes and what they will mean for you and your retirement.