5.9 Scheme Investments
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The range of investments offered by stakeholder providers includes
unit trusts, OEICs, traditional pension products, shares transferred
from employee share option schemes and individual pension accounts.
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Originally with profit investments were to be excluded but the
position has changed. Stakeholder schemes may offer with profit
investment options but accounts relating to stakeholder contributions
must be "ring-fenced" in a sub fund separate from contributions
received from contributions paid by other with profit investors.
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Each stakeholder provider must name of default investment option
into which contributions will be invested if the member does not
specify a fund selection.
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