The Trustee of The Pearson Pension Plan (the Plan) regularly reviews the investments available in the Plan, with the help of its investment advisers, to ensure that the options remain appropriate for members.

Following its most recent review, the Trustee has decided to make the following changes to the investment funds:

• The current Blended Global Equity Fund will be replaced with a new, tailored fund specifically designed for the Plan. The new fund will be called the Pearson Plan Bespoke Global Equity Fund.
  

• the Pearson Plan Bespoke Global Equity Fund will be added to the self-select option range.

Lower fees

The good news is that the annual fee for this new fund will be slightly lower, 0.25% compared to the current 0.26%.

There will also be a reduction in annual fees for the Blended Multi-Asset Fund from 0.66% to 0.53%.

To find out more information about the investment changes, please visit the investment change page.