Kick-start your pension with this investment idea

When it comes to investing, the actual ‘starting’ can feel a little like writer’s block.

You know you should do something. You know future-you will probably be glad you did. But the blank page - or in this case, the sheer choice of what to invest in - can make it hard to know where to begin.

• Learn more about the benefits of starting to invest early

And that’s especially true of your pension. And yet starting is exactly what you need to do. Because when it comes to building money for retirement, time is one of the most powerful tools you have. The sooner your money is invested, the longer it has to work for you. And while it’s never too late to take your pension seriously, starting earlier can make the job feel a lot easier.

This can be especially useful if you’re managing your own pension, for example through a Self-Invested Personal Pension, or SIPP. If you’re self-employed, or simply want a straightforward way to get started, it can help to have a ready-made investment option to consider.

So, where do you begin?

Let’s introduce you to Fidelity’s Retirement Builder

The idea is simple… rather than asking you to build a portfolio from scratch, Retirement Builder gives you one medium-risk, low-cost fund to consider for your SIPP that's already diversified (the technical term for holds a mix of investments). It aims to do three things:

1. Grow your money over the long term - this is ideal for your pension, as you could be investing in it for many years or even decades.
2. Diversify your portfolio - Retirement Builder comes with a ready-made mix of assets such as cash, bonds and equities you’re not putting all your eggs in one basket. This helps to spread the risk you’re taking.
3. Invest globally - giving your pension exposure to different regions and opportunities around the world.

A fund that’s reviewed over time

Retirement Builder currently invests in the Fidelity Multi Asset Allocator Growth Fund - Acc (or accumulation, which basically means any income generated by the fund is automatically reinvested into the fund).

We periodically review the fund to make sure it continues to meet the aims of Retirement Builder. If we ever select a different fund, we'll keep you informed, and your Retirement Builder balance will automatically move across to the new fund. Retirement Builder is designed to make saving for retirement simpler, so you can relax and leave the work to us.

A starter for ten

Like any investment decision you make, you need to be sure it’s the right choice for you. So, check the fund factsheet and make sure it aligns with your goals, circumstances and timeline.

But if your pension has been sitting on the “I’ll sort it later” list, Fidelity’s Retirement Builder could be a helpful place to start. It’s designed for people who want a simple way to begin investing their pension, without having to choose and manage a full portfolio themselves.

• Learn more about Fidelity’s Retirement Builder
• Learn more about Fidelity’s Which? Recommended SIPP        

Important information - you cannot normally access money in a pension until age 55 (57 from 2028). Retirement Builder is not a personal recommendation. You must ensure that the fund you choose is suitable for your individual circumstances and remains so over time. If you're not sure which investments are suitable for you, consult Fidelity’s advisers or an authorised financial adviser of your choice.