Quiz - What kind of a saver are you?

Please pick one statement per question which most closely relates to how you would answer that question. When you have finished add up the number of A, B and C statements you have chosen and read the corresponding description. If you pick a different letter for each question then why not investigate more than one option or just read all the descriptions to see if any of the suggested options are of interest to you?

Q1 - You see an article in the paper about investments. Do you...

A – Move swiftly on as you haven’t got the faintest idea how it all works and you don’t really want to know much more.

B – Have a read through but wish you had more of an idea what it was all about or knew someone who could at least point you in the right direction.

C – Read through and understand most, if not all, of the article. You might even have a few comments of your own to add!

Q2 - Your colleague tells you that equities are making a recovery so your pension will benefit. Do you...

A – Nod and smile politely. You’re sure that it probably is a good thing and you hope this will benefit your pension.

B – Start thinking about how your pension is invested. Will this have much benefit for you?

C – Reply that it's all about long-term prospective returns and then begin to discuss the merits of diversifying your investment portfolio.

How did you do?

Mostly As – You know saving for your retirement is a good thing but don’t have much interest in all the nitty gritty of how your money is invested. Why not read more about the Balanced Lifestyle arrangement? This is the default option that requires you to take no action.

Mostly Bs – You have a bit more investment knowledge or a desire to know more without it becoming too complicated. You’re interested in how your pension is invested but you’re not sure how involved you want to get. Why not read more about the two new Lifestyle arrangements – Higher Risk/Return and Lower Risk/Return?

Mostly Cs – You have a good interest and corresponding understanding of investments. Why not read more about the new Selfstyle Funds available?

Go back to the Switching Investments page.