When you join the Plan you will initially be assigned to the Plan's default investment strategy. This is a low involvement option that is managed on your behalf.
Getting ready to purchase an annuity
We’ve chosen this as the default investment option for your contributions because we believe it offers the best combination of growth and security for most Telefónica Pension Plan members. If you don't make an active choice this is where your savings will automatically be invested.
What other investment options do I have?
You can select your own investment funds.
To find out more about which option is most appropriate for you click here.