WHEN FULLY REGULATED PLAN #1 PLAN #2 PLAN #3 Cash: 2% UK Cash: 2% Emerging Market Equities: 3% Emerging Market Equities: 3% UK Cash: 1% Property: 3% Property: 4% Property: 3% Corporate Bonds: 44% Corporate Bonds: 23% Emerging Market Equities: 5% Developed World Equities: 48% Developed World Equities: 68% Developed World Equities: 91% Risk level 3 Average annual fees: 0.6% Risk level 5 Risk level 4 Average annual fees: 0.7% Average annual fees: 0.6% Performance: 5.00% Performance: 7.00% Independent Independent Independent performance rating: performance rating: performance rating: