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
From pioneering healthcare innovations to transformative renewable energy initiatives, our interactive map showcases how the fund is driving meaningful change around the world.
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 L&G Private Markets Access Fund.
Investing responsibly for our members
We take into account financially material risks, including integrating environmental, social and governance (ESG) considerations into how investments are selected. We also aim to invest members' money responsibly. As part of this, we use the following approaches for various parts of the portfolio.
Engagement
We engage with companies, regulators, policymakers, industry peers and other stakeholders around the world to tackle systemic risks.
Exclusions
We prioritise engagement over divestment. Nevertheless, certain fund ranges and strategies will adopt exclusions reflecting globally accepted standards of business practice. This includes companies that have failed to make progress on our minimum expectations on climate change, under our Climate Impact Pledge.
Enhancements
We deploy tools including selection and ‘tilting’. 'Tilting' is our approach that allocates more capital to companies with higher ESG scores and less to companies with poor ESG scores, which we believe provides a compelling blend of impact, transparency, and market exposure.
Whilst L&G 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.
Content & media
Read about our other flagship DC funds
L&G Private Markets Access Fund
The L&G Target Date Funds
Get in touch
Get in touch
If you would like any further information please complete the contact us form.
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 L&G’s Fund Centres.