Why preserving your savings is a good idea
- It allows your retirement savings to keep growing, tax-free!
- You will get a tax-free lump sum when you retire
- Your money is invested and will grow
- You can access a portion or all the money before retirement
10X Preservation Funds are better because we offer
- A proven track record of superior long-term returns
- Our fees are never more than 1% excl. VAT
- A highly diversified portfolio
- Clear and transparent reporting on your performance and growth
What transfers can a Preservation fund accept and make?
You can transfer your Preservation Fund tax-free to another fund, or to a RA, or to your employer's retirement fund. You cannot make contributions to your Preservation Fund from other sources. Your investment will only grow in line with its net investment return.
Preservation Fund fees
At 10X we charge less than half of the average industry fees, and never more than 1% excl. VAT. Paying a higher fee, compounded over time, means you could end up with 40% less money at retirement. At 10X we do not charge an initial fee and you only pay one annual investment management fee.
Accessing your Preservation Fund
You can make one partial or full withdrawal from a Preservation Fund prior to the age of 55. After that, the balance can only be accessed at retirement, from age 55 onwards.
No matter who you are or how much money you have to invest with us, we use one, simple investment strategy. No confusing choices, no extra costs, just 4 core principles proven to get you more:
Low fees | Index tracking | Diversified portfolio | Life-stage investing
To find out more about the 10X Preservation Fund, click here.
You can also apply online here.
