Investing in the Citigroup Pension & Life Assurance Scheme looks different depending on whether you have DB benefits or DC savings (or both!).

Investing aims to help your benefits grow over the long term and ensure that the Scheme has enough money to pay yours and your colleagues' benefits when you return.

Understanding investment

  1. To spread investment risk, the CGML Scheme invests in a range of assets. These can include shares, property, cash and government bonds. You can find the Scheme’s Statement of Investment Principles in the Library section of MyCitiPension.
  2. If you're in the DC section and / or you're paying Additional Voluntary Contributions, you can choose how you invest your money from a range of options available to you.
  3. You'll initially be investing in the 'default' investment option. That's a lifestyle option, which means it'll slowly switch your money into appropriate funds as you reach your Normal Retirement Age.
  4. The default investment option for athe Scheme assumes you'll take your savings as 'drawdown' when you retire. Essentially, that means you'll take your money as and when you need it, rather than as a regular income. You can change your investment options any time.

MyCitiPension


Find out more about the Scheme's investments and make changes if you're in the DC section by logging into MyCitiPension.

Your normal Retirment Age


Find out you Normal Retirment Age (it'll be 60 or 65) by logging into MyCitiPension.

Saving more

Are you able to save more? If you're paying in regularly, find out how you might save more.

Find out more

Avoiding Scams

Do you know what to look out for when it comes to pension scams? Know what you're up against.

Find out more

Look after your loved ones

Make sure your loved ones are looked after if anything happens to you.

 Find out more