What are Investment Pathways?

The Investment Pathways initiative from the Financial Conduct Authority (FCA) is designed to ensure that anyone with a Pension Drawdown Account should have access to simple, good-value investments that broadly match their retirement income goals.

What is drawdown?

The FCA have laid out four broad financial goals that you may have and we've designed four Investment Pathways which mirror them.
 

Investment Pathways and your drawdown account

Tom Stevenson explains how the Investment Pathways can be used within your Pension Drawdown Account and are designed around how you intend to take your retirement income.

Four retirement income goals

Depending on the plan you belong to, your Pension Drawdown Account may give you access to Fidelity’s four Investment Pathways, which are designed to mirror the five-year goals that someone in drawdown may have for retirement income.

  • Investment Pathway 1 – I have no plans to touch my money in the next five years
  • Investment Pathway 2 – I plan to use my money to set up a guaranteed income (annuity) within the next five years
  • Investment Pathway 3 – I plan to start taking my money as a long-term income within the next five years
  • Investment Pathway 4 – I plan to take out all my money within the next five years

The Fidelity Investment Pathways

Each of our Investment Pathways channels your money into an underlying Fidelity fund. These four funds are all ‘accumulation’ funds. This means that any income generated by the investments in a fund is re-invested so it contributes to the fund's growth.
 

I have no plans to touch my money in the next five years
I plan to use my money to set up a guaranteed income (annuity) within the next five years
I plan to start taking my money as a long-term income within the next five years
I plan to take out all my money within the next five years

You’ll find more information about the Investment Pathways, including details of costs and charges, in the fund factsheets. You'll find these by logging in to your PlanViewer account.

Your options

You can decide how you use our Investment Pathways within your Pension Drawdown Account. This means you can spread your money over more than one Investment Pathway, move money from one Investment Pathway to another or choose an Investment Pathway for some of your money and invest the rest in your own choice of the other investments in our range.

Ready to chat?

If you’d like more information about your retirement income options, or you have decided to make a withdrawal from your pension, please call Fidelity on

0800 3 68 68 68

 

 

Investment Pathways FAQs

Can I invest some of my pension in an Investment Pathway and choose my own funds for the rest?
What happens to my Investment Pathway after I have held it for five years?
Is there a minimum amount I have to invest in an Investment Pathway?
What if the Investment Pathway I have chosen is no longer right for my retirement plans?
Do I have to hold an Investment Pathway for five years?