About the Plan

You choose how your ITV DC savings are invested.
You can choose from 2 approaches: hands off and hands on.

Hands off lets you choose from a range of pre-packaged options. Your ITV DC savings are invested automatically in pre-selected funds.
Hands on is a pick-your-own approach that lets you choose from 13 investment funds. You decide how much to invest in which funds.

You can change how your ITV DC savings are invested from month to month. The first 2 changes each year are currently free of administration charges. You may be charged a fee to cover administration for other changes you make during the year.
We’ll send you a statement once a year showing how your investments have performed.
If you have extra DC savings, a transfer in from NOW: Pensions (in the ITV Auto-enrolment Pension Plan) and/or backdate savings, you can invest these differently to your core contributions and one another.
You can view your ITV DC savings at any time by logging in.
To find out more about your investment choices and how to decide which option might suit you, take a look at the video About your investment choices (below). If you want to find out about the Plan's Hands on investment approach only, there's a shorter video you can watch (see below). To find out more about your investment choices, you can also read A quick guide to your investment options.

About your investment choices

About the Hands on approach

Find out more

Hands off

Hands off invests your ITV DC savings automatically in a pre-defined way in 2 phases: a growth phase and a transition phase.
The growth phase aims to grow your savings by investing in funds that typically have the potential for good growth but, because of this, are likely to go down as well as up in value. You can choose from 3 options during this phase: Focused, Phased and Steady – click on the buttons below to find out about each option.
Focused

Focused

Invests 100% in shares during the growth phase.
It may suit you if you want the potential for the highest rates of growth and are prepared for your investments to go up and down in value, sometimes quite sharply.

Phased

Phased

Invests 100% in shares until you’re within 20 years of your hands off completion date; it then starts to move your savings gradually to the Mixed selection (a combination of shares, bonds and other types of investments).

It may suit you if you want to target the highest rates of growth initially and are prepared for your investments to go up and down in value, sometimes quite sharply when you’re a long way from retirement, but want to reduce some of this investment risk gradually as you get closer to retirement and are willing to accept potentially lower rates of growth in return.

Steady

Steady

Invests 100% in Mixed selection (a combination of shares, bonds and other types of investments) until you’re within 7 years of your hands off completion date. It may suit you if you’re willing to accept the potential for moderate growth in return for more stable returns (that is, less risk that your savings will fall in value).
The transition phase gradually moves your savings so by the time you retire, the way your savings are invested reflects how you intend to use them. You can generally choose from 5 options* during this phase: Flexible Access, Flexible Access (continued growth), One-off Cash, Multiple Cash and Pension – click on the buttons below to find out about each option.
(* the Steady option cannot be combined with the Flexible Access (continued growth) option)

Flexible Access

Flexible Access

May suit you if you want to withdraw savings throughout your retirement to suit your needs and plan to withdraw savings as soon as you retire.

Flexible Access (continued growth)

Flexible Access
(continued growth)

May suit you if you want to withdraw savings to suit your needs but don’t plan to withdraw savings for several years after retirement or you plan to leave your savings to your beneficiaries when you die.

One-off Cash

One-off Cash

May suit you if you want to take all your ITV DC savings as cash in one go.

Multiple Cash

Multiple Cash

May suit you if you want to take your savings as a series of cash sums over a short time, say 5 years.

Pension

Pension

May suit you if you want a fixed income in retirement.
Once you've chosen the hands off option that's right for you, your ITV DC savings will be invested automatically and moved gradually between different types of investments depending on how far you are from your hands off completion date. This is a date you select; it can be any birthday from your 55th to your 75th birthdays and is usually the date you want to start using your ITV DC savings.
While you should still keep your investments under review, you don't have to worry about managing them regularly or deciding when to move them to less risky funds as you approach your hands off completion date; it's all done for you.

The booklet A quick guide to your investment options in the ITV Defined Contribution Plan provides more information and will help you think about what option might suit you.

Hands on

Hands on gives you full control of your investments by letting you choose from a range of funds.
You can decide which funds to invest in, how much to invest in each fund, and when to change your investments.
It’s important to remember that you’re responsible for deciding if and when to change your investments, particularly as you get closer to retirement.
There are 13 funds to choose from, to help you choose the funds that are right for you.

Funds
Company bonds
Emerging markets (index tracker)
Global shares
Global shares (index tracker)
Mixed selection
Money markets
Pre-retirement
Property and infrastructure (this fund is temporarily suspended)
Shariah law (index tracker)
Social conscience
UK government bonds (index tracker)
UK shares
UK shares (index tracker)