LV= Smoothed Managed Funds Pension

Investing in the LV= Smoothed Pension

All you need to know

Overview

The LV= Smoothed Pension offers three multi-asset funds that are available through our Self-Invested Personal Pension (Flexible Transitions Account)

Each fund is designed to grow your money while providing you with a smoother investor experience, so you can spend less time worrying about your investments.

  • Our Smoothed Pension supports investors of different ages, whether you're saving for your retirement, or accessing your pension to draw income.
  • You can use the funds flexibly as a standalone investment, or as a safer investment option within a bigger portfolio.
  • Our investments come with 100% protection from the Financial Services Compensation Scheme (FSCS).

Remember:

  • The funds are ‘non-profit’ investments, which means you’ll get the benefit of the growth in the funds, but we won’t add any additional bonuses as we might for with-profits investments.
  • Your investment could go down as well as up, so you could get back less than you paid in.
 

Smoothing

How does smoothing help protect your investments?

Our simple smoothing process averages daily fund prices over the past 26 weeks to help protect your investments from the impact of sudden market shocks

The LV=  Smoothed Pension uses smoothing, a unique averaging method designed to help level out the peaks and troughs of the stock market.

When you invest in our smoothed funds, you'll begin to experience the benefits of smoothing from day two of your investment. Then, our smoothing process builds up to a 26-week average by cumulatively averaging the daily fund prices (underlying prices) over the time you've been invested.

Once you've invested for longer than 26 weeks, your fund value will be a rolling average of the last 26 weeks of underlying prices.

Understanding our unique smoothing process

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Features

As part of our Smoothed Managed Fund range, the LV= Smoothed Pension lets you...

Important Information

Investing money can be rewarding, but it comes with some risks. Here’s what you need to know:

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  • It’s a stock market-related investment, available to UK residents up to and including the age of 84 at outset.
  • Your investment could go down as well as up, so you could get back less than you paid in.
  • Our smoothing process helps protect your investment, but it won't prevent your investment from dropping in value.
  • Smoothing can be suspended if there are extreme market conditions, or at our discretion.
     
  • There are costs involved in setting up and looking after your LV= Smoothed Pension, you can read more about the charges here.
  • If you withdraw more money than your LV= Smoothed Pension has grown by, the value will be less than you’ve put in.
  • If you invest in the Smoothed Managed Cautious Fund and select the optional 10-year guarantee, please be aware of the associated terms and charges.
  • There’s no minimum or fixed term. But this is a medium to long-term investment of at least five years – preferably 10 years or more.

Documents

Important documents, specifically created for you

We've produced some helpful documents to give you even more information about the LV= Smoothed Pension.

Next Steps

Getting the most from your money

To help you get the most from your money, you can speak to a financial adviser. If you don’t have a financial adviser you can find one near to you on unbiased.co.uk, or you can have a chat with one of our investment advice specialists.

Please note that the information given on these pages should not be seen as advice to take out this product.