My Future Focus
What is My Future Focus?
My Future Focus is our flagship default solution, aimed at customers who want that bit more from their pension. It invests in a broad range of asset classes, including overseas and UK equities, as well as emerging market equities and bonds, high yield bonds and UK commercial property to provide the benefits of diversification.
Managing volatility through the retirement journey
A key feature of the solution is how we manage volatility throughout the retirement journey. This means that My Future Focus mainly invests in riskier assets in the 'growth' stage of the retirement journey, with the aim of helping customers to grow the size of their pension savings. Then as customers get closer to retirement, the amount of money invested in riskier assets is reduced in order to provide stability in customers' savings. No matter where customers are in their retirement journey both risk management and diversification play a key role in My Future Focus.
Our dedicated investment manager Aviva Investors
My Future Focus is managed by Aviva Investors, our dedicated fund manager. Read more about Aviva Investors below. The investment team at Aviva Investors can invest with conviction, using tactical asset allocation to express their views on what's happening in markets and where they see value. We explain this in more detail below.
Designed to provide choice for customers in terms of how they take their savings
With My Future Focus, customers have choice in terms of how they can take their pension savings; to prepare for the purchase of an annuity, to take a cash lump sum or to draw down an income. Alternatively, customers can stay invested in the 'Universal' strategy if they have not yet decided how to take their pension savings. Read more about how this works in the My Future Focus investment guide.
We care about our customers and also the planet and the world we live in. ESG - environmental, social and governance factors are fully integrated into My Future Focus. Learn more about this below.
The value of a pension can go down as well as up, so employees could get back less than has been paid in.
Why Choose us?
Strong governance
Governance plays a key role in the management of My Future Focus. We need to be sure that the funds, which make up the solution, are performing as expected and if not understand why and what can be done to improve performance.
An integrated investment approach
Aviva Investors is a global asset manager with expertise in real estate, fixed interest, equity, multi-asset and alternative investments. The investment intelligence of the business spans major markets where the firm had £223bn in assets under management as at 31 December 2022. This gives Aviva Investors the size and scale to successfully seek out investment opportunities with the aim of delivering specific outcomes for our customers.
Tactical Asset Management in My Future Focus
We look at the My Future Focus strategy from a strategic asset allocation perspective to ensure the funds meet their long-term objectives. The solution also benefits from tactical asset allocation where Aviva Investors regularly assesses the market and makes changes to the asset allocation to exploit short-term investment opportunities. Investing dynamically was key in helping reduce losses from My Future Focus in the heavy falls in markets in 2022, and therefore to manage risk in one of the most challenging periods on record for multi-asset funds, and therefore default pension funds.
Useful information
Meet the My Future Focus investment team
The My Future Focus funds are managed by the Multi-Asset Funds team at Aviva Investors, Aviva’s dedicated asset manager. Read more about the key members of the team below.
