What does my Monzo Pension invest in?

Your pension is invested to help grow your money over the long term.

Our default investment option is a Target Date Fund. This means you don't need to choose your own investments to get started, although you can if you'd prefer. Target Date Funds are designed to balance the level of risk in your investments as you get closer to retirement. They use the age you aim to retire to automatically adjust your investments from higher to lower risk. They invest in a mix of shares, bonds and other smaller investments, carefully changing how much they're investing in each of these things over time.

If you’d prefer, you can choose your own investments. Follow the “Explore more funds” path when setting up your Pension to learn more about your options, or come back and make changes later if you decide you'd like more control over how your money is invested.

Unlike a target date fund, the other options do not automatically adjust their risk level over time. This means you’ll need to review your choice and think about whether it’s still right for you as you get closer to retirement.

Find out more about which investments are available.