Figure out investing
Are your pension investments right for you?
When you know how much risk your investments have, you can decide if they're the right fit for you. Are you willing to take more risk for a potentially higher return?
Take a quick, uncomplicated look at how pension funds can work for you.
How pensions invest
Your pension invests your money in funds. These can have different levels of risk. But this can also mean they can offer different levels of potential reward. When you understand how this works, you can make choices about how your pension invests.
Three factors to think about:
|Investing involves risk. This means you might end up with less rather than more money. Investing always involves some risk. But how much risk do you take?||VS||The riskier an investment, the more it can potentially grow over time. But higher risk investments tend to move up and down in value more than lower risk investments.||VS||Lower risk funds might be a better short term option (say ten years or less) because they tend to move up and down in value less than higher risk funds. Higher risk funds might be better if you’re investing for longer. Even with lower risk investments, you could end up with less than you put in.|
How different risk/reward funds perform
This graph shows you how funds with different levels of risk and reward might perform. It’s not based on actual investments, but aims to show you, broadly, how different funds may behave.
Past performance doesn't mean funds will perform that way in the future. You may get back less than you put in.
Get comfortable with how your pension invests
You can find your plan number on your Annual Benefit Statement or on any letters from us. If you use our secure online services, you can find your plan number there as well.
Can't find it?
Don’t worry if you haven’t got your plan (or policy) number to hand. We can help recover it over the phone. Call us.
Scottish Widows or Lloyds pension: 0345 835 6644
Halifax pension: 0345 835 6645
Clerical Medical pension: 0345 835 6646