Aiming to improve member outcomes by creating a better future for them and the world
What are the L&G Lifetime Advantage Funds?
Our L&G Lifetime Advantage Funds (LAF) are an innovative retirement solution designed as a default option with the specific purpose of improving member outcomes.
This ‘to and through’ Target Date Fund range allows members extended access to a diverse selection of growth assets, including a range of private market assets.
How the Lifetime Advantage Funds might benefit scheme members
Aiming for better outcomes
The range aims to deliver strong levels of growth from a diversified range of equity and private market investments over an extended time frame.
Meeting the changing needs of members
We have unique insights into member needs which we continually monitor. By doing this we can create a ‘to and through’ retirement solution that adapts to members’ changing needs up to and beyond retirement.
Aiming for real world impact
We aim to invest members' money responsibly, focusing on engagement, exclusion and enhancements to deliver returns and make a positive difference to the world.
What’s under the bonnet?
The fund provides access to a wider range of opportunities through investments that are not typically accessible through public markets. We do this by allocating c.15% of the portfolio to private markets via the new L&G Private Markets Access Fund.
Source: LGIM, as at June 2024.
Investing responsibly for our members
We consider responsible investment as a financially material risk and it is therefore integrated into our overall approach to investment. As part of this, we have integrated the following approaches for various parts of the portfolio.
Engagement
LGIM engages with companies, regulators, policymakers, industry peers and other stakeholders to tackle important issues which have the potential to affect us all.
Exclusions
LGIM can divest from particular companies or issuers if they don’t meet certain sustainable thresholds, e.g. those on LGIM’s Climate Impact Pledge, Future World Protection List or Policy on Coal. This is implemented as appropriate across the fund.
Enhancements
LGIM can amplify the sustainable credentials of a portfolio by investing more in those companies that score more highly from a sustainability perspective. We engage with the underlying fund managers to encourage them to invest in this way.
Whilst LGIM can integrate Environmental, Social, and Governance (ESG) considerations into its investment decision-making for part of the fund, and stewardship practices, this does not guarantee the achievement of responsible investing goals within the portfolio.
L&G Lifetime Advantage Fund Product Profile
Read about our other flagship DC funds
Get in touch
Get in touch
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Key risks
The value of any investment and any income taken from it is not guaranteed and can go down as well as up, and investors may get back less than the amount originally invested. Past performance is not a guide to the future. Asset allocation is subject to change. It should be noted that diversification is no guarantee against a loss in a declining market. Assumptions, opinions and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing is available from LGIM’s Fund Centres.