Choosing an option

The best investment strategy for you will depend on a number of factors. Think about how long you have before you move from making contributions to spending your savings. Also consider other factors such as any other savings you may have and your appetite for risk. All investments can produce negative returns from time to time. On the plus side, higher-risk investments such as shares tend to produce higher returns in the long term, but they also tend to experience greater volatility than other investment types. You need time to ride out the ups and downs – you want to minimise the possibility that you have to draw on your funds when the market is down. The closer you are to retirement or requiring your savings, the more likely you are to prefer an option weighted towards lower-risk, less-volatile investments such as cash and bonds.

Use our Risk Profiler to help you better understand how your approach to risk translates to the investment options available to you.

If you are unsure about your decisions, we suggest you talk to an authorised financial adviser. Welfare Officers and other Police or Police Association staff are not financial advisers and, therefore, they are not in a position to help other than to provide general information about the scheme.

The Financial Markets Authority website includes information on choosing and finding a financial adviser