Overview
Investment Strategy
More growth means greater choice
FutureWise, our award‑winning default pension strategy, is designed to build savings that give members more options at retirement. Built on deep investment and retirement expertise, our single default Target Date Fund strategy brings together investment innovation, global diversification, and strong governance. FutureWise aims to capture opportunities in all market conditions to help grow members’ savings, because the larger the pot, the greater the choices at retirement.
A Target Date Fund approach
FutureWise is structured as a series of Target Date Funds, each aligned to a member’s expected retirement year. FutureWise is anchored in a long-term strategic asset allocation combined with an intelligence portfolio construction process designed to enhance risk adjusted returns across market cycles. Combined with a disciplined governance framework that provides ongoing oversight of asset allocation seeking to manage risks and enhance through changing market conditions.
FutureWise aims for as much growth as possible in earlier years, progressively managing risk on approach to retirement to give members more options for financial planning.
Structural Strengths
Unconstrained Access
FutureWise has unconstrained access to markets ranging from intraday traded exchange ETFs to closed-ended funds and co-investments within our LTAF.
Flexibility
FutureWise has the full flexibility to adapt the investment strategy in the face of changing market conditions and innovate in any direction that improves member outcomes, without disrupting the member experience.
Simplicity
Each fund offers a simplified investment experience to-and-through retirement, with consolidated and bespoke communication on FutureWise’s performance, portfolio and sustainability credentials.
Related Insights
We see a global economy still growing, but unevenly. AI continues to drive US strength, though concentration and valuations raise risks. Fiscal policy is supporting activity, while geopolitics and inflation add uncertainty. In this environment, diversification, alternatives and active management are essential for resilience.
Previous Investment Outlooks
Investment Outlook 2025 Quarter 4
Cautious optimism supports selective risk-taking amid easing policy and persistent global risks.
James Monk Investment Director - 20 Jan 2026
Investment Outlook 2025 Quarter 3
Fiscal policy decides the market direction of stagflation or reflation
James Monk Investment Director - 15 Jul 2025
Investment Outlook 2025 Quarter 2
End of US exceptionalism
James Monk Investment Director - 15 Apr 2025