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"Everybody’s appetite for risk is different. You need to think about yours"

Joanne discusses the factors affecting investment decisions just as you’re coming up to retirement:

I guess there are a lot of factors to weigh up if you’re thinking of making an investment.  

Firstly, you need to think about Risk versus Reward. Quite simply the higher your appetite to risk, the higher the potential rewards. This table illustrates it:

Hand in hand with this, you must consider your capacity and tolerance for loss. You capacity is about how much can you afford to lose without it affecting your day-to-day living standards. Your tolerance is about your attitude to risk. Are you adventurous, balanced, defensive or cautious?

In my experience, most retiring police officers have a good capacity for loss, but tolerance is another matter. It really is a head versus heart decision.

Whichever you choose, Police Mutual has a range of solutions to help with your investment planning. From a good, secure home to place your commutation to independent and impartial financial advice if you need more help.

Options ISA

An Options ISA is one way of making your money work harder. You have a choice of three options within the ISA to select from and you can invest across them all if you so wish. Anytime Access gives you money-back protection for your savings at any time, Protected Growth provides guaranteed protection at five-year set points and Non-Guaranteed offers higher potential returns for your savings.

Investment Advice

Our Independent Financial Advisers are definitely worth talking to. They can provide impartial, independent advice on all the investment products in the market available to you. If you opt to take advice, initial charges are often low, regular reviews are conducted and online access is available to keep track of your investments.

Obviously there is much to take in here, but I hope it gives you an overview of what your options are. 


Joanne Palmer
Senior Marketing Manager