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Member survey - how do you feel about your pension?
1.
What type of workplace pension do you have?
Defined Benefit (DB) - final salary / career average (guaranteed income type)
Defined Contribution (DC) - pot of money / investment type
A mixture of DB and DC
Not sure / don’t know
2.
How well do you understand what that pension type means for you?
I understand it very well
I understand it fairly well
I understand it a little
I don’t really understand it
I'm not sure what it means at all
I understand it very well
I understand it fairly well
I understand it a little
I don’t really understand it
I'm not sure what it means at all
3.
Thinking about your job choices, how much of a difference would the pension offered make to whether you would take a role?
A big difference
Some difference
Very little difference
No difference at all
I'm not sure / I haven't thought about it
A big difference
Some difference
Very little difference
No difference at all
I'm not sure / I haven't thought about it
4.
Thinking about your retirement, how confident are you that what you’re building up will be enough for the lifestyle you want?
Very confident
Fairly confident
Not very confident at all
Not at all confident
I don't know / I haven't thought about it
Very confident
Fairly confident
Not very confident at all
Not at all confident
I don't know / I haven't thought about it
5.
What’s the main reason you chose that answer?
I know how much I’m contributing and roughly what it could become
I’ve checked my pension statement / online account
I’m not sure how much I’ll need in retirement
I don’t know what a ‘good’ pension looks like
The cost of living / inflation worries me
Other (please specify)
6.
If you wanted to save more into your pension, do you understand how you can do that?
I understand it very well
I understand it fairly well
I understand it a little bit
I don't really understand it
I haven't thought about it / I didn't know I could save more
I understand it very well
I understand it fairly well
I understand it a little bit
I don't really understand it
I haven't thought about it / I didn't know I could save more
7.
How do you usually manage your pension?
Online using the member website
By post
Over the phone
A mixture of these
I’m not sure
8.
If you had to explain or describe your pension in one sentence what would you say?