Investment Profiler

WHY ARE WE ASKING?

Please choose an option

Stay on the right road

Answer the following questions to help you decide how to invest your Member Account in the Scheme.

The questions assess:

how much control you may like to take with your investments (measured by how active you are in making decisions generally) and
your investment risk profile (measured by how you feel instinctively about risk and how much investment risk you may be able to take based on your financial circumstances).

Remember: the results are only suggestions.

By using the profiler, you (i) confirm that you have read and agree to be bound by its Terms of Use; and (ii) agree that none of the information provided by the profiler or otherwise displayed on this website constitutes investment, financial or legal advice and you will not be relying on it as such.

Question 1 of 5

You are in your...

60s

50s

40s

30s

20s (or younger)

Question 2 of 5

What best describes how you save your money?

Do lots of research to find the best potential returns

Discuss your Answers with a family member or
speak to a financial adviser

Save in the standard account offered by your
high-street bank

Question 3 of 5

Imagine you are approaching retirement. How are you going to pay for it?

I am not too worried. I will have a substantial range of other savings and investments

I will have a pension which provides a good level of guaranteed income i.e. a defined benefit (DB) pension. And of course I will have my DC pension from Bank of America

I will rely very heavily on the State Pension

I will rely almost completely on my DC pension from Bank of America as well as my DC pensions from other employers. I have not really thought beyond that

Question 4 of 5

How would you rate your investment knowledge?

I have detailed knowledge of the investment options available to me

I am familiar with the main asset classes

I have limited or no understanding of the range of investment options

Question 5 of 5

Thinking about your attitude to money, which statement do you identify with most closely?

I am a risk-taker at heart: nothing ventured, nothing gained. I know I could end up being worse off, but I am willing to take the chance

I am willing to take some risk if it means I might benefit, but I am also willing to trade some of the benefits of risk taking for a little more certainty

I like certainty, even if it costs me a bit more or I lose out a little overall – it is worth it for the peace of mind

Pre-retirement options

How do you think you may use the value of your Retirement Account when you retire?

I expect to have a steady source of income from other sources so will want to reinvest my Retirement Account to maximise its value and withdraw cash as and when I need it

I do not want to manage my money beyond my retirement and would prefer to make a one-off decision and buy a regular income (an annuity/pension)

I expect the value of my Retirement Account to be modest so will want to take the maximum amount as cash to supplement other income that I will have

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