Learn more about investing
Here are some things you should think about:
How much do you understand about investing?
It’s important to understand what investments are and how they work. The guide to the Investment OptionsOpens in new tab provides a useful introduction to the basics.
How do you feel about investment risk?
All investment involves a degree of risk. It’s important that you understand, and are comfortable with, the risks you're taking before making any investment choices.
The guide to the Investment OptionsOpens in new tab includes a step-by-step guide to help you understand all the things you should consider before making any investment decisions.
Want more detailed information about your funds?
For more information on your investments, see the guide to the Investment OptionsOpens in new tab. You can also view detailed information about all the funds available, such as up-to-date fund performance, by logging into Manage Your Account (current colleagues can access this without having to log in, through Our TescoOpens in new tab).
Are your retirement savings invested in the right place?
How your retirement savings are invested can make a big difference. So, it’s important to make sure you’re invested in a way that reflects your circumstances and goals. We offer a variety of investment funds with varying levels of responsible investing approaches incorporated. See our guide to the Investment OptionsOpens in new tab for more details. You can find out more detail on the responsible investing page .
How much income do you think you’ll need in retirement?
It might seem a long way off, but working out how much you’ll need (or want) in retirement will be an important factor in helping you decide how much to pay in and where to invest it.
Our Retirement Living Standards tool helps you understand how much you’ll need to live on in retirement.
Based on the retirement living standards from the Pensions and Lifetime Savings Association (PLSA), it helps you work out what your retirement might cost based on three lifestyles and allows you to tailor your living costs to your own needs.
If you want to learn more about the retirement living standards, visit retirementlivingstandards.org.ukOpens in new tab.
When are you planning to take your money?
The amount of time until your selected retirement age could influence the amount of risk you’re prepared to take. For instance, the further away it is, the more risk you might be prepared to accept. Similarly, you may want to take less risk, the closer you are to retirement.
Can you afford for your retirement account to go down in value?
Are you prepared - or able - to accept a fall in the value of your retirement savings in return for the possibility of greater longer-term returns? Or would you prefer more predictable, although potentially lower, returns?
How often should you review your investment choices?
If you want help with making your own investment choices, you should speak to a financial adviser. Tesco and Legal & General can’t provide financial advice.
Financial advisers usually charge a fee for their services, but it will be personal to you and your circumstances. Please Guidance and financial advice for information on the options available to you.
