One important decision you’ll need to make at outset is to decide how your money will be invested. The ideal scenario is to find a solution that balances investment risk with reward - giving your money the potential to grow while not overly exposing it to the volatility of investment markets.
The RetireRight strategy on the ARF product is a natural progression from the Personalised GuidePath strategy which is used as a default for the Zurich Master Trust.
Zurich’s RetireRight is an innovative way of managing ARF investment once an employee retires. It is built on Zurich’s market leading Prisma Funds and it offers three investment options, each one catering to members with different risk appetites. As a person gets older, it will automatically transition their ARF investment from higher risk assets into lower risk assets over a 15-year period, helping to balance income requirements with the need to preserve the capital in later life.
Zurich’s bespoke Connect website has a wealth of information to engage employees getting ready to retire. Employees can check if they are on track for retirement, if an Approved Retirement Fund or Annuity might be more suitable for them, and watch some educational videos.
Download the RetireRight brochure here.