lifestyle and lifecycle pension funds.

Lifecycle (often called lifestyle) funds change how they invest as you get closer to retirement — typically moving from shares towards bonds and cash in the final years, to reduce the risk of a fall just before you retire. Many workplace pensions use one as the default fund.

funds

28

providers

1

typical risk

3/7

middle 5-yr return

+1.8% a year

Of the 28 lifestyle and lifecycle pension funds with a five-year record, the highest average yearly return was +6.7% (New Ireland Retirement Fund (IRIS) 2041 Onwards, New Ireland) and the lowest +1.4% (New Ireland Retirement Fund (IRIS) 2021, New Ireland).