Investing for Retirement
If you are a member of a Defined Contribution pension scheme or are paying Additional Voluntary Contributions, then a major part of your retirement planning will be how your contributions are invested.
How well your money is invested can be the key difference between having enough or falling short. You may have a choice of funds within your scheme – so you should firstly check in your Scheme Booklet or with your employer to find out what your options are.
Making investment decisions is a very personal issue – there's no single investment strategy that is suitable for everyone. Here we provide some basic information about investment which will help you understand how vital investment choices are for your future retirement security.
These are:
- the trade off between risk and return
- the different types of asset you could come across within your investment options
- the difference between active and passive styles of investment management
- spreading the risks of investment through diversification
- investing over your working life – putting your investment choices together into a strategy covering the time until you retire.
Aberdeen Asset Management Life & Pensions Limited does not provide advice on the suitability or otherwise of specific investment transactions. This website provides only general information. In making decisions about retirement planning and the best approach to investing your retirement savings you should seek independent financial advice.