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Changing Flexiplan Investment Fund

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Stef
Posts: 49
Joined: 18 Feb 2010, 21:02
Gender: Male
Location: GLASGOW

Changing Flexiplan Investment Fund

Post by Stef »

At the moment I am using the Lifestyle option with my AVC Flexiplan investment. Can anyone give me some advice as to how to change my choice to one of the other Funds? Is there any other way of doing this apart from filling in a Flexiplan Contributions Form and returning it to the Pension Service Centre? Can it be done on the money4life website?
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Changing Flexiplan Investment Fund

Post by RobertT »

To be honest I've never done it online, and I'm not sure whether it's any different when you've selected the Lifestyle option, but the method seems to be:

Click on 'Menu'
Goto 'My retirement savings'
Select the funds you want to sell
Select the funds you want to buy

But the first thing you do, is your homework and make sure the investments you choose match your aims, risk profile, age, etc.

The guide to AVC's on the RMPP website will help you there. As will the fund factsheets: https://digital.feprecisionplus.com/cor ... ory=2rmp62
Links to all RM pension related websites are here
reedy
Posts: 51
Joined: 09 Sep 2007, 19:41

Re: Changing Flexiplan Investment Fund

Post by reedy »

Ive done it online several times but it takes about 3 days before the changes show up online
Stef
Posts: 49
Joined: 18 Feb 2010, 21:02
Gender: Male
Location: GLASGOW

Re: Changing Flexiplan Investment Fund

Post by Stef »

Thanks Robert T and reedy :thumbup
mrcurve
Posts: 112
Joined: 23 Nov 2011, 19:27
Gender: Male

Re: Changing Flexiplan Investment Fund

Post by mrcurve »

You can use the Money4life website to move to any fund/funds you fancy, it takes a few days to complete, they got one move wrong for me, so keeping a record/screen shot of your instructions might be wise, the error worked out so well for me,I did not correct it or complain.

I have not been able to change the allocation of future payments though, it looks like you can but it does not seem to work, so unless it’s changed recently, you will need to go via Royal Mail.
Stef
Posts: 49
Joined: 18 Feb 2010, 21:02
Gender: Male
Location: GLASGOW

Re: Changing Flexiplan Investment Fund

Post by Stef »

Thanks mrcurve for your reply