Your pension pot can be invested in several different ways, and you’ll be able to choose what kind of approach you want. The more investments fluctuate in value, the more money you could end up with, but equally the decreases in value along the way could be larger. Risk is sometime referred to as volatility.
If you’re in The People’s Pension, and you’d rather not get involved in the investment choices, we’ll put you in the ‘balanced’ investment profile.
On the other hand, if you’d like to take more of an interest, there are 2 other investment profile options (‘cautious’ and ‘adventurous’) or 8 investment funds you can select from.