Workplace Pensions Performance Data

CAPA is the UK's only FCA-authorised benchmark for multi-employer DC pensions - compare and analyse performance across the sector's main providers.

Default fund performance

Performance - Younger saver
Aegon MT
Aegon ARC
Aon MCR
Aviva CL (MFU>MFF)
Cushon SIS
Fidelity FW
HL Growth
L&G CL (MAF>LAF)
L&G TDF
LifeSight MRD
MercerSP
Nest
Now DGF
Penfold CL (SLP>Life)
People's P
R London
SEI FD
SW (PIA>SWLI BG)
Smart SGF
Stnd L CL (SMA (AP)>SMA)
TPT TDF
Lewis
CAPA

CAPAdata is the only publicly available information source covering the performance of DC workplace pensions providers, covering the pension savings of 18 million UK savers. The Corporate Adviser Pensions Average (CAPA average) is the average (mean) return delivered by the largest default funds of the 20 main multi-employer DC providers, covering both master trusts and group personal pensions (GPPs). Shown below are providers biggest defaults by number of active members. For providers' other default funds go to compare.

Total return - Younger saver
Provider
5 Years (+/-CAPA)

CAPA -

Corporate Adviser Pensions Average

59.2%

Aegon -

Aegon MT - Lifepath Flexi

67.6%

(+8.4%)

Aegon -

Aegon Workplace Default (ARC) - GPP

Data coming soon

Aon -

Managed Core Retirement Pathways

71.2%

(+12%)

Aviva -

Aviva chainlinked biggest default (MFU>MFF)

65.5%

(+6.4%)

Cushon -

Sustainable Investment Strategy

57%

(-2.2%)

Fidelity -

FutureWise

Data coming soon

Hargreaves Lansdown -

HL Growth Fund Lifestyle Strategy

50.7%

(-8.5%)

Legal & General -

L&G chainlinked biggest default (MAF>LAF)

37.8%

(-21.4%)

Legal & General -

Target Date Fund

50.8%

(-8.4%)

LifeSight (WTW) -

Medium Risk Drawdown

91.3%

(+32.2%)

Mercer -

SmartPath Targeting Drawdown

43.9%

(-15.3%)

Nest -

Retirement Date Fund

47.4%

(-11.8%)

Now: Pensions -

now: growth fund & now: retirement countdown fund

Data coming soon

Penfold -

Penfold chainlinked biggest default (SLP>Lifetime)

Data not available

People's Pension -

People's Pension Balanced Profile

52.7%

(-6.5%)

Royal London -

Balanced Lifestyle Strategy (Drawdown) (GPP)

58.7%

(-0.4%)

Scottish Widows -

Scottish Widows chainlinked biggest default (PIA>SWLI Balanced Growth)

55.5%

(-3.7%)

SEI -

Flexi default (drawdown)

95.6%

(+36.5%)

Smart Pension -

Smart Sustainable Growth Fund

55.7%

(-3.4%)

Standard Life -

Standard Life chainlinked biggest default (SMA (AP)>SMA)

57.2%

(-1.9%)

The Lewis Workplace Pension Trust -

TLWPT (The Lewis Workplace Pension Trust)

62.4%

(+3.2%)

TPT Retirement Solutions -

TPT Target Date Fund

67.6%

(+8.4%)